What is the impact of the unemployment rate on the economy

Updated on society 2024-02-24
12 answers
  1. Anonymous users2024-02-06

    Natural rate of unemployment (natural

    rateof

    unemployment) is the unemployment rate at full employment.

    The natural rate of unemployment refers to the unemployment rate that should be in equilibrium when the spontaneous supply and demand forces of the labor market and the commodity market come into play without the influence of monetary factors, that is, the unemployment rate under full employment. Including frictional unemployment and structural unemployment.

    Frictional unemployment is unemployment caused by temporary and unavoidable friction in the production process.

    Structural unemployment is unemployment caused by the inconsistency between the structure of labor supply and the structure of labor demand.

    The influencing factors include demographic changes, technological advances, changes in people's consumption preferences, and so on.

  2. Anonymous users2024-02-05

    The unemployment rate refers to the number of unemployed people in the employed population who meet all the employment conditions in a certain period of time, which is designed to measure the idle labor capacity and is the main indicator reflecting the unemployment situation of a country or region.

    Monthly changes in unemployment data can be an appropriate indicator of economic development. The unemployment rate and the economic growth rate have an inverse corresponding relationship.

  3. Anonymous users2024-02-04

    <> Social impact of unemployment: Unemployment threatens the stability of the family as a social unit and as a unit of economic assistance. Without income or with a loss of income, the head of household cannot function as it should. The demands and needs of the family are not met, family relations.

    will be compromised as a result. Studies have shown that dismissal is as traumatic as the death of a loved one or academic failure. Relationships outside the family.

    It has also been severely affected by unemployment. An unemployed person loses his or her self-esteem and influence among those who are employed, faces the possibility of being rejected by his colleagues, and can lose his self-esteem and self-confidence. Eventually, the unemployed were hit hard emotionally.

    The Economic Impact of Unemployment: When the unemployment rate.

    When it rises, the goods and services in the economy that could have been produced by unemployed workers are lost. When the total loss of income of the unemployed is equal to the loss of production, the loss of output is a measure of cyclical unemployment.

    The main measure of loss, which indicates that the economy is in a state of underemployment.

  4. Anonymous users2024-02-03

    The impacts are both social and economic. Although the social impact of unemployment is difficult to estimate and measure, it is most easily felt, as unemployment threatens the stability of the family as a social and economic unit, and the head of household cannot play its due role without income or loss of income.

    The impact of unemployment on economic development. Higher unemployment.

    Not only an economic issue, but also a social one.

    The economic impact of unemployment is largely at the opportunity cost.

    Perform the potting. When unemployment rises, the total amount of unemployed goods and services that should be produced by unemployed workers is lost, and during a recession, unemployment is akin to dumping cars, clothing, houses, and other commodities into the ocean. Economic losses during periods of high unemployment are the largest well-documented losses in the modern economy.

    The economic cost of unemployment is enormous, and people who are unemployed but involuntarily lose their jobs for a long time. But it can't be measured with a certain amount of money. Western scholars have found out. High unemployment is often associated with drug addiction and high divorce rates.

    as well as high crime rates. Western psychologists have pointed out that the trauma caused by unemployment and dismissal is no less than the death of a relative or friend or academic failure.

    In the context of economics, a person is considered unemployed when he or she is willing and able to work for remuneration within a certain age range, but has not yet found a job. The unemployment rate is the proportion of the working population that qualifies as unemployed. In practice, it is very difficult to determine the number of unemployed persons who are actually looking for work, especially the number of those whose unemployment benefits have expired before finding work.

    Those who are able to work and willing to work are blind and do not have access to appropriate employment opportunities. There is no unemployment problem for people who are unable to work. A person who has the ability to work is not an unemployed person who does not have a job but does not want to be employed.

    The rules for unemployment tend to vary from country to country. In the United States, people who are at least 16 years old and do not have a formal job or are looking for work are called unemployed.

  5. Anonymous users2024-02-02

    [Legal Analysis].: Social impact and economic impact. 1. Although the social impact of unemployment is difficult to estimate and measure, it is most easily felt by people.

    Unemployment threatens the stability of the family as a social and economic unit. 2. If there is no income or income is lost, the head of the household cannot play its due role. If the family's demands and needs are not met, family relations will be undermined as a result.

    3. Western psychological research shows that the trauma caused by dismissal is no less than the death of relatives and friends or academic failure. In addition, relationships outside the family are also severely affected by unemployment.

    [Legal basis].Article 47 of the Social Insurance Law of the People's Republic of China The standard of unemployment insurance money shall be determined by the people of the province, autonomous region and municipality directly under the Central Government, and shall not be lower than the minimum subsistence guarantee standard for urban residents.

    The above is only the current information combined with my understanding of the law, please refer to it carefully!

    If you still have questions about this issue, it is recommended that you organize the relevant information and communicate with a professional in detail.

  6. Anonymous users2024-02-01

    Unemployment rateRefers to the percentage of the unemployed in the labor force.

    The labor force refers to the total number of persons aged 16 or over who are able to work. When the unemployment rate is high, resources are wasted, people's income is reduced, affecting people's emotions and family life, and then causing a series of social problems.

    The unemployment rate refers to the proportion of the population who are unemployed in a given period of time when all the conditions for employment are met; Or it refers to the proportion of people who have been employed for a certain period of time and are willing to work, and the proportion of people who have not found a job. It is expressed in the formula: unemployment rate unemployed (number of people in the active number of unemployed).

    The definition of unemployment and the unemployment rate is basically based on the following factors:

    One is the time frame. That is, the state of losing work for a certain length of time. Some researchers believe that if you have not worked for more than a week, that is, for 5 consecutive days, you are not unemployed.

    Some people also think that if it is more than a month, then it is not considered unemployed if they cannot find a job for 20 consecutive days. The difference in length of time will lead to a bias in the unemployment rate data.

    The second is the age range. The unemployed can only be counted as working-age people. Infants and the elderly cannot be counted, either as the numerator or denominator of the unemployment rate.

    are not counted. The age group of the working-age population varies from country to country, with the most common being 18-60 years old, while others are identified as having a lower limit of 16 years and an upper limit of 65 years old. Therefore, there are 1.4 billion people in our country, but not all of these 1.4 billion people are included in the unemployment rate and employment rate statistics.

  7. Anonymous users2024-01-31

    1. The increase in the unemployment rate will affect the rise of the country's GDP to a large extent, making it difficult to improve the comprehensive national strength.

    2. The unemployment of the white-collar class and the peasant class will cause inequality in social training, the gap between the rich and the poor will become wider, and social contradictions will intensify.

    4. It is impossible to get rid of the basic national conditions in the initial stage of socialism.

  8. Anonymous users2024-01-30

    When it comes to the unemployment rate and the national economy.

    The higher the unemployment rate, the worse the national economic and economic state, the lower the unemployment rate, and the better the national economic state. Because employment is the greatest livelihood of the people, this sentence will not be wrong, and if most people have jobs and can live and work in peace and contentment, the social and economic development will not be too bad. <>

    Although it is said that there is such a relationship between the unemployment rate and economic development, in fact the two are not so-called mutual adjustment and amusement, but the problem of good employment in the same proportion of economic development will naturally be solved, and the problem of poor employment in economic development will naturally become bigger and bigger. But do you think it's possible that when the economy is not good, jobs will also be better? From the point of view of normal market regulation, it is impossible.

    Because when the economy is in crisis, more and more people lose their jobs, causing their income to gradually disappearThe inability to afford to buy things and consume leads to less and less money earned by enterprises, and eventually leads to the collapse of the entire economy, which is a disadvantage brought about by market regulation. <>

    But can market regulation have such drawbacks, can it be avoided through other methods? Yes. Because in addition to market regulation, there is also a visible hand, called ** regulation, this kind of macro economic conditions can increase employment when the economic situation is down.

    For example, in the last century 1929 and 1933, the United States was in crisis.

    At that time, the economic crisis was very seriousBut at that time, Roosevelt used to build a large number of public works to absorb the unemployed, so that these people could have jobs, have a basic income, and gradually improve the economy as a whole. <>

    Therefore, the relationship between the two is meaningless under complete market regulation, and the employment rate of good economic development is good, so does this need to be said? But the employment rate is good when the economy is good, it cannot be achieved through the normal conditions of the market, it can only be achieved through the visible hand, this macroeconomic means of economic adjustment. Whether it is money, import and export, and other public functions to increase employment, it is meaningfully regulated by people, not entirely by the market.

  9. Anonymous users2024-01-29

    If the unemployment rate is higher than that of the national economy, it will cause the economic development of the basic economy to become slower and slower, and many people will not have suitable jobs, which will affect the development of society.

  10. Anonymous users2024-01-28

    I think that there is a big gap between the unemployment rate and the rate of recombustion, and if the unemployment rate continues to rise, it will lead to a slow growth rate of the national economy, and even a regression.

  11. Anonymous users2024-01-27

    I think the unemployment rate is definitely going to affect the economy, because people don't have a lot of income, so they probably don't spend a lot of money.

  12. Anonymous users2024-01-26

    There is a relationship between the unemployment rate and the national economic growth, and the speed and mode of national economic growth will affect the unemployment rate.

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