Unemployment Rate Essays


Australian Economic Growth

The economy of Australia has been experiencing a positive growth. In particular, the economy of the nation has indicated extraordinary and remarkable progress devoid of going through a single recession for over two decades. This is a record that is unmatched by any other nation across the globe. The Australian economy has seen incessant growth and this has encompassed low unemployment rates, inflation that has been kept in check, considerably low public debt, and a financial system that is comprehensively strong and stable. For more than two decades, the economy of the nation has experience an average GDP growth rate… Continue Reading...

Germanys Economic Policies

Germany has established itself as a successful country with a growing and stable economy. In terms of its economic policies, since 2014 its score has fallen by .2 placing it into rank 5 within the international top ranks. Of its many efforts to stabilize the country, the most notable is increased regulation, meaning pension-system expansions and a minimum wage (). Along with economic policies favoring regulation, Germany has remained strong in terms of employment growth and export performance, allowing for low unemployment rates and rising wages. While Germany has improved and stabilized, the rising influx of refugees has put a… Continue Reading...

Economic Inequality and Austerity Motivator for Revolution

Economic inequality occurs when there is a gap in the economic well beings of a group of individuals in a given country. In the Arab world, the economic inequality is one of the major factors that leads to the political violence because a discontent generated from a gap has been the major determinant of violent behavior. Typically, income inequality has a strong correlation with mass violence, and the higher the level of income inequality, the higher the probability of mass violence and political revolution. In 2010, a 26-year-old grocery vendor set himself ablaze in Tunisia because the police confiscated his… Continue Reading...

Boko Haram and Diffusion Of Innovation

Diffusion of innovation theory refers to the spread of ideas, materials, or strategies and can be applied both to counterterrorism policies or terrorist tactics themselves. By paying attention to the patterns of diffusion, governments can make more informed counterterrorism decisions or policies. At the same time, diffusion of innovation can show how terrorist tactics spread from one group to another or how extremism spreads throughout a region. Applied to Boko Haram, the diffusion of innovation theory can show how terrorist tactics used by one extremist group spread or how extremist ideology spreads from one region or group to another. Likewise,… Continue Reading...

Solow Growth Model and Unemployment

The concept of the business cycle is that the rate of growth in an economy will shift over time, but in a more or less repeatable pattern. The structure of the pattern is, roughly, that economies will grow quickly, then a turning point will occur and the economy will turn into recession. After a trough, the business cycle will begin anew with a fresh period of growth. For most Western economies, characterized by rising populations, intensive resource exploitation and continuous technological improvements, are on a long-run growth trend in their GDP. The business cycle should be identifiable outside of that… Continue Reading...

Why 2017 May Be a Good Time to Buy Gold

anticipates as much, which is why he recommends a cash position for now for investors. The third index is the unemployment rate -- which Collum (2016) pessimistically states is officially at 4.9% but more realistically much higher with "38% of working-age adults not working." Collum's unemployment figure suggests a startling economy that is struggling to find purpose -- and this traces back to Trump's incentives for voters -- i.e., to bring back jobs and restore employment. With middle class wealth dropping 30% over the past 16 years, as Collum (2016) points out, Trump's appeal to voters is directly related to… Continue Reading...

Key Concepts in Economics

Schwartz, N. D. (2016). Wages Rise as U.S. unemployment rate Falls Below 5%. The New York Times. Key Points from Article According to the article by Schwartz (2016), the United States unemployment rate crossed the 5% mark. In particular, owing to a steady decrease in employment and having healthy employment, the rate of wages substantially increase, which is an indication that the job market might be tightening substantially to compensate more to attract and retain workers. Secondly, the unemployment rate declined to its lowest of 4.9% in the past eight… Continue Reading...

Non Credit Programs on Workforce Education

Several community colleges have in recent times shown preference for non-credit post-secondary students as opposed to credit students. This trait is particularly common in the areas of staff tutoring and contractor training. Several of these non-credit courses are quite popular for their flexibility in meeting the demands of the prospective workforce students as well as the demands of their employers. Important questions have been raised about traditional colleges due to the growth of this sector; these questions include the efficiency of colleges in utilizing resources and how well access is being provided for their (colleges) students. Answering the questions raised… Continue Reading...

The Impact Of Legislation on Violence

Firearms Legislation and Firearms-Related Violence in Europe This paper examines the relationship between firearms legislation and gun-related violence across countries and regions in Europe. The focus of the paper is to identify possible sources of literature to help answer questions regarding whether legislation is an effective tool in reducing firearms-related violence. The paper focuses on variance of gun violence rates throughout Europe, gun legislation, and possible national strategies for addressing the issue of gun violence. It finds that there are many variables that impact regions and can effect greater or lesser rates of gun violence -- factors such as education,… Continue Reading...

Overall Health in Fargo North Dakota

Care of Vulnerable Populations COMMUNITY ASSESSMENT, ANALYSIS, and NURSING INTERVENTION • Week 1: Windshield Survey and Key Informant Interviews. Complete the First Section of the course template and submit. (Keep this section attached to Weeks 2 and 3 assignments.) • Week 2: Statistical Analysis of Community Health Problem. Complete the Second Section of the course template and submit. (Keep this section attached to Weeks 1 and 3 assignments.) • Week 3: Community Health Nursing Intervention. Complete the Third Section of the course template and submit. By now, you should have Sections 1-3 as one whole document. • Each section of… Continue Reading...

American Corrections and Sentencing Trends

Survival of Racist Customs and Mores Into the 21st Century: Analysis of the American Correction and Sentencing Trends Increasing awareness of the US's unsuccessful mass imprisonment experimentation has effected federal and state level modifications aimed at decreasing the nation's detention scale. Experts and policymakers have been suggesting "smart on crime" public safety strategies which support alternatives to imprisonment and decrease re-offense chances[footnoteRef:1]. Despite simultaneous fruitful bipartite dialogues on the subject of decreasing jail populations and bringing improvements to crime justice policies, the nation still struggles with disturbing racial frictions. The latest concern concentrates on frequent reports of law enforcement violence… Continue Reading...

Foreign Debt and Debt Services in South Africa Essay

market price (US$ million, current prices) 111,130 166,655 216,340 242,676 257,894 283,381 282,995 GDP per capita (US$, current prices) 2,451 3,619 4,631 5,125 5,376 5,836 5,811 Real GDP (annual percentage change) 3.7 3.1 4.9 5.0 5.3 5.1 3.1 unemployment rate (official definition;  per cent) 30.4 28.0 26.3 26.7 25.5 24.2 23.1 Sectoral distribution of GDP (percentage) Agriculture, forestry, and fishing 2.9 2.7 2.6 2.7 2.3 2.3 2.6 Mining and energy 8.8 8.9 8.6 8.3 8.0 7.6 7.0 of which:  mining and quarrying 6.5 6.6 6.3 6.2 5.8 5.6 5.0 Manufacturing sector 17.2 16.4 16.4 16.3 16.3 16.2 15.9 Services 62.2 63.1 63.5 63.8 64.5 65.0 65.6 Construction (contractors) 2.4 2.5 2.6 2.8 3.0 3.4 3.7 Wholesale and retail trade, catering, and accommodation 13.0… Continue Reading...

Greece Economic Problems Analysis

GDP per capita (CIA World Factbook, 2017). Industrial production growth rate is 1.6%, ranking 124th in the world. The unemployment rate is high, at 23.6%, ranking 191st in the world, and that is not even taking into account the number of Greeks who have left the country to work elsewhere in the EU, leaving Greece with a limited-skill workforce, and even those cannot find jobs. There are no real engines of job creation, as the public sector is cutting spending as a consequence of the bailouts. Public sector spending to GDP peaked in 2013 and has declined ever since,… Continue Reading...

Probability Of Inflation or Deflation

Money and Inflation One of the most challenging issues in the modern economic environment is whether inflation or deflation will occur in the near future. This issue has become controversial and divisive among economists because of the volatile economic times. The nature of the modern economic environment has made it difficult for economists to agree on whether inflation or deflation is likely to be experienced in the future. While some economic analysts hold the view that a big increase in inflation is likely to occur in the coming years, others contend that deflation will occur. An example of the difference… Continue Reading...

Coca Cola Analysis

Executive Summary In this paper, beverage giant, the Coca-Cola Company, has been analyzed. An internal as well as external analysis of the company has been undertaken using the following analytical tools: PESTEL, SWOT and Porter’s Five Forces. The 5-factor analysis has revealed: medium threat of new entrants, medium to high threat of substitute products, low supplier and buyer bargaining power, and high level of rivalry with its chief competitor, PepsiCo. SWOT analysis results were as follows: Strengths: Brand Equity; Company valuation; Extensive international presence; Greatest market share; Brilliant marketing plans; Customer Loyalty and Distribution system. Weaknesses: Competition with Pepsi; Low… Continue Reading...

Clipboard Tablet Co Marketing and R&d Analysis

Executive Summary In this paper, beverage giant, the Coca-Cola Company, has been analyzed. An internal as well as external analysis of the company has been undertaken using the following analytical tools: PESTEL, SWOT and Porter’s Five Forces. The 5-factor analysis has revealed: medium threat of new entrants, medium to high threat of substitute products, low supplier and buyer bargaining power, and high level of rivalry with its chief competitor, PepsiCo. SWOT analysis results were as follows: Strengths: Brand Equity; Company valuation; Extensive international presence; Greatest market share; Brilliant marketing plans; Customer Loyalty and Distribution system. Weaknesses: Competition with Pepsi; Low… Continue Reading...

Apple

began heavily diluting the dollar (which is currently plunging in value as well): Source: Goldprice.org (2018) The unemployment rate sits at 4.1% as of October of 2017 and is purportedly down from 6% as of 2014, though unemployment statistics have been questioned for decades (everyone from serious market analysts and hedge fund managers to Abbott and Costello have lampooned government statistics on this front). Nonetheless: The Federal Funds Rate is up steadily over the past 3 years following the end of QE: Source: FRED (2018c) The prime rate stands at 4.5%, which is up over the last three years as well.… Continue Reading...

Apple Expansion into Myanmar

country still has stable inflation, which is a positive sign. The unemployment rate is 4% and stable, but also meaningless since most people don\'t earn enough from their employment to afford Apple products. More important is actually indicators regarding foreign direct investment, which is a more accurate indicator of how many Burmese will increase their wealth to the point where they are part of Apple\'s target market. FDI has varied over the past few years, which would be considered the economic transition period, ranging from months with $31 million to $2.3 billion (TradingEconomics, 2017). This indicates that the country\'s… Continue Reading...

Financial Managers

Executive Summary The financial manager's role is to understand the impact that different internal and external factors will impact the company's ability to achieve its financial and market objectives. The macroeconomic environment has both direct and indirect effects on the company. The major macroeconomic variables such as inflation, interest rates, unemployment, GDP, and exchange rates can all directly influence the financial performance of the company. But these variables also impact on things like government policy, so there are indirect impacts on financial performance as well, and the financial manager also needs to understand these. The main tool that financial managers… Continue Reading...

Economic Outlook Of the Us Economy

quarter. Based on these rates and other macroeconomic conditions, the unemployment rate is expected to stand at 4.1% in the first quarter of this year. This is primarily because of relatively minimal or no changes in unemployment rates of different groups in the country based on economic indicators for January and February this year. The labor force engagement rate has remained relatively stable through this period, which implies that there will be minimal to no changes in unemployment rates in the country in the second quarter of the year. In that regard, unemployment rates are expected to remain at… Continue Reading...

Women Empowerment in Iran

to a paltry 15%. It is said that 65.5% unemployment rate of women is experienced currently in Iran. In a report by World Bank of 100 countries, it was noted that just below Saudi Arabia and Jordan, Iran was seen to be the third highest in the number of discriminatory tendencies and laws that discriminated against the economic activities of women (Alikarami L., 2016). These discriminatory laws hence send the women back to the home where they play their traditional roles despite being well educated. At the political front, Iran has not had a bright or vibrant history of… Continue Reading...

Money Economics and the Banking System

that money is reduced. Macroeconomics II If unemployment is too high, profits should theoretically be higher because the high unemployment rate will supress wage growth. However, it is not always the case that this condition exists. First, there is the fair wage-effort hypothesis (Akerlof & Yellen, 2013). This hypothesis holds that workers in a suppressed wage environment will have lower motivation. Feeling that additional efforts will not result in additional pay, they will withhold those efforts. Thus, a high unemployment environment that sees wage suppression will also see a reduction in worker productivity, which in turn will harm profits. Another means… Continue Reading...

Africa from Colonialism to Neocolonialism

resources, the country is still largely underdeveloped, with the unemployment rate remaining quite high. It is instructive to note that the country’s ties to France remain close. Could Burkina Faso, like many other African states that still maintain close relations with former colonial powers, be a case study of modern-day colonialism, or more specifically, neocolonialism? In reference to Burkina Faso’s situation, Thomas Sankara, Burkina Faso’s president from 1983-1987, pointed out that “the greatest difficulty we have faced is the neocolonial way of thinking that exists in this country… we are colonized by a country, France…” (Harsch, 2014, p. 109).… Continue Reading...

Introduction to Economics and Global Capitalism

My impressions of the debate Listening the debate one cannot fail to see that there are major differences in perception of how socialism should work and if, addressing the primary question of the debate, socialism has failed. In general, my impressions on the debate is that, while socialism has proven to be a failure, we cannot in the modern day society, avoid the incorporation of some aspects of socialism. For example, the tax scheme all over the globe is oriented to a socialism idea of wealth distribution, and with particular reference to the United States, the welfare scheme is oriented… Continue Reading...

Social and Environmental Challenges Facing Megacities

Overcrowding in Megacities Cities are increasingly getting larger, which results in the increased emergence of megacities worldwide. Megacities are increasingly emerging in developing nations due to mass urbanization. One of the major contributors to the rise of megacities worldwide is globalization and rapid technological advancements. By increasing connectivity, globalization has contributed to mass urbanization as people look for better environments for their socioeconomic growth and development. Globalization has transformed the nature of urbanization by making people’s movement to become global rather than intra-national rural-urban migration. According to Heyzer et al. (2016) the rise of megacities worldwide is an indicator that… Continue Reading...

America's Failed Economy Analysis

in wealth evaporate. More than six million jobs have been lost, and the unemployment rate appears headed for its highest level since 1940 (Krugman, 2009). Such efforts to inject money into the economy through ‘regulation’ and so forth have only resulted in companies making huge profits and not spending those profits on increasing wages or sufficient job creation. People think perhaps regulation could solve this key issue…wrong! When it came to regulation, Capitalism was regulated after the Depression according to Wolff from the 1930’s to the 1970’s. During this period companies, board of directors were all regulated, and it… Continue Reading...

Uae and Japan Relations

Note: total adherents exceeds 100% because many people practice both Shintoism and Buddhism Per capita GDP $68,600 $62,900 Life expectancy 79.7 years 85.5 years unemployment rate 12.1% 5.1% Language(s) Arabic (official), Persian, English, Hindi, Urdu Japanese Source: CIA world factbook (2019) at https://www.cia.gov/library/publications/the-world-factbook/geos/ As can be readily seen from the breakdown in Table 1 above, while Japan has a far larger population compared to the UAE, both countries have comparable per capital GDP rates and both enjoy enviable longevity rates. In reality, though, this is where the similarities between the UAE and Japan largely end, making the historic evolution of the relations between these two countries… Continue Reading...

Microeconomics

the oil implies that the employees will lose their jobs. This increases the unemployment rate in the nation. In addition, once these employees are lost, it will be significantly challenging to employ and retail new employees. The oil wells can be stopped and restarted. However, the costs involved are substantially high and therefore hamper the government (Tverberg, 2016). According to Schoen (2015), turning off the flow of pumping oil and restarting it again is an intricate process, which takes into account the injection of steam into the ground, and this practice makes it costly to restart the whole process… Continue Reading...