Topic: Cause Of Unemployment Rates
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What Causes Unemployment?
Unemployment is caused by many different factors. The condition of the economy, job performance, and production levels are among some of the contributing factors to unemployment. Read More »
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What are the Causes of Unemployment?
Unemployment can be caused by a variety of things. One major cause of unemployment is a failing economy. Another contributing factor is the mindset of lazy people who want to capitalize on the benefits of welfare giving the statistical impr... Read More »
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What is the Unemployment Rate Today?
As of October 2009 the national unemployment rate was 10.2%. This is the highest it has been since 1983. The numbers for November 2009 are going to be released on December 4th. Read More »
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Cause Of Unemployment Rates
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The current unemplotment rat in the United States is 9.5 percent. This is mostly affecting manufacturing, professional and business services, and construction.
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We think times are tough now but in 1933 the unemployment rate was 24.9 percent. In 1929, it was only 3 percent and by 1937 it was 14.3 percent. It just shows that things may get worse before they begin to get better.
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The National Unemployment rate is the number of civilian labor force divided by the unemployed the current uneployment rate is 9.8% as of October 2009.
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It is different depending on where you live. The average reported is about 10% but the truth is a completely different monster. It is closer to 15%.
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The presented rate is the same stagnating 10% that we project here. But the truth is more like 30 - 35% of the people are under or unemployed.
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Unemployment is calculated based on the weeks you were employed and how much money you made. Many people can collect unemployment for about 52 weeks.
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