unemployment rate
estimate of unemployment, percentages of unemployment, percent of unemployed persons from within the general population | ||||
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Unemployment rate definition was found in categories: Business & Finance(3) Language, Idioms & Slang(2) Science & Technology(1) Social Science(1) Society & Culture(1) Encyclopedia(1)
Unemployment rate Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Unemployment rate
The ratio of the number of people classified as unemployed to the total labor force.
The ratio of the number of people classified as unemployed to the total labor force.
| European Central Bank Glossary |
unemployment rate
The number of unemployed persons as a percentage of the labour force.
The number of unemployed persons as a percentage of the labour force.
| Raynet Business & Marketing Glossary |
Unemployment Rate
percentage of the civilian labour force which is unemployed; a lagging indicator.
percentage of the civilian labour force which is unemployed; a lagging indicator.
Unemployment rate Definition from Language, Idioms & Slang Dictionaries & Glossaries
| WordNet 2.0 |
unemployment rate
Noun
1. the percentage of the work force that is unemployed at any given date
(hypernym) percentage, percent, per centum, pct
Noun
1. the percentage of the work force that is unemployed at any given date
(hypernym) percentage, percent, per centum, pct
| hEnglish - advanced version |
unemployment rate
unemployment rate
n : the percentage of the work force that is unemployed at any given date
unemployment rate
n : the percentage of the work force that is unemployed at any given date
Unemployment rate Definition from Science & Technology Dictionaries & Glossaries
| Bureau of Labor Statistics Glossary |
Unemployment rate
The unemployment rate represents the number unemployed as a percent of the labor force.
The unemployment rate represents the number unemployed as a percent of the labor force.
| A Glossary of Political Economy Terms |
Unemployment rate
A measure of the extent of unemployment in the labor force at some particular time, expressed as a percentage of the total available labor force. Nearly all national governments now have some statistical agency or department charged with gathering the necessary data and estimating the unemployment rate at frequent intervals (monthly or quarterly) for the guidance of policy-makers. In broad terms the underlying concepts are pretty similar from one country to the next: the number of people classified as unemployed is to be divided by the number of people classified as being in the available labor force, with the result expressed in percentage terms. However, differences from country to country in classification rules and practical data collection methods used for estimating both the numerator and the denominator of this fraction make precise international comparison of unemployment rates very difficult, if not impossible. The use of jobless totals derived from the agencies that distribute unemployment insurance benefits is particularly suspect but nevertheless widely practiced by some countries' official statistical agencies. For example, some people may falsely claim they would accept a job offer at current wage rates when in fact they are making no effort (or only a token show of effort) to locate such a job, misreporting their intentions so that they may continue to draw unemployment benefits for a time. Other people may be actively, even desperately, seeking a job and yet not show up in such a count because they are technically ineligible for unemployment benefits (perhaps through lack of previous work experience or through having exhausted the time-limit) and so do not bother to report the success or failure of their job-hunting efforts to the government unemployment office. (Well-designed sample surveys of the population or of employers have much better validity for measuring the true unemployment rate but still have credibility problems of their own. For example, hundreds of thousands or even millions of people who are really gainfully employed but whose work is in illegal activities -- such as bootlegging, prostitution, drug-dealing, loan-sharking, illegal gambling operations, smuggling, or simply working conventional trades "off the books" to avoid taxes -- cheerfully deny having a job when questioned by government pollsters in suits who might well inform on them to the police.)
[See also: unemployment ]
A measure of the extent of unemployment in the labor force at some particular time, expressed as a percentage of the total available labor force. Nearly all national governments now have some statistical agency or department charged with gathering the necessary data and estimating the unemployment rate at frequent intervals (monthly or quarterly) for the guidance of policy-makers. In broad terms the underlying concepts are pretty similar from one country to the next: the number of people classified as unemployed is to be divided by the number of people classified as being in the available labor force, with the result expressed in percentage terms. However, differences from country to country in classification rules and practical data collection methods used for estimating both the numerator and the denominator of this fraction make precise international comparison of unemployment rates very difficult, if not impossible. The use of jobless totals derived from the agencies that distribute unemployment insurance benefits is particularly suspect but nevertheless widely practiced by some countries' official statistical agencies. For example, some people may falsely claim they would accept a job offer at current wage rates when in fact they are making no effort (or only a token show of effort) to locate such a job, misreporting their intentions so that they may continue to draw unemployment benefits for a time. Other people may be actively, even desperately, seeking a job and yet not show up in such a count because they are technically ineligible for unemployment benefits (perhaps through lack of previous work experience or through having exhausted the time-limit) and so do not bother to report the success or failure of their job-hunting efforts to the government unemployment office. (Well-designed sample surveys of the population or of employers have much better validity for measuring the true unemployment rate but still have credibility problems of their own. For example, hundreds of thousands or even millions of people who are really gainfully employed but whose work is in illegal activities -- such as bootlegging, prostitution, drug-dealing, loan-sharking, illegal gambling operations, smuggling, or simply working conventional trades "off the books" to avoid taxes -- cheerfully deny having a job when questioned by government pollsters in suits who might well inform on them to the police.)
[See also: unemployment ]
Unemployment rate Definition from Society & Culture Dictionaries & Glossaries
| Social Work in Canada |
Unemployment Rate
the percentage of individuals who are actively looking for work and are able to work but do not have a job, i.e., the number of unemployed individuals divided by the total number of people 15 years of age and older who have a job or are actively looking for work multiplied by 100, expressed as a percentage.
the percentage of individuals who are actively looking for work and are able to work but do not have a job, i.e., the number of unemployed individuals divided by the total number of people 15 years of age and older who have a job or are actively looking for work multiplied by 100, expressed as a percentage.
Unemployment rate Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Unemployment
Unemployment is the state in which a worker wants, but is unable, to work. The unemployment rate is the number of unemployed workers divided by the total civilian labor force. The unemployment rate is also used in economic studies and economic indexes such as the Conference Board's Index of Leading Indicators.
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