Preparing Yourself before and After Unemployment

Many employees have lost their jobs as a result of the recession. There were instances during the past years that the unemployment rate could reach a double digit numbers. In 2010 alone, the year ended with almost a 10% unemployment rate. The Department of Labor has seen that claims for unemployment insurance (UI) have increased,… Read More

Recognizable Jobs Not Directly Hit By Recession

Due to conditions brought about by recession, many of us may deem it strategic to focus on jobs that pay more. However, it is more tactical and practical to consider jobs that are more unlikely to be affected by the results of bad economic times due to the nature of their work. An accountant, no… Read More

Unemployment Rate in the Great Depression

History is full of unforgettable events that left a mark in people’s mind for later generations. One example of this is The Great Depression in late 1929 that resulted to extremely high double digit unemployment rate. Although the rich did not really feel the impact of this economic event, many middle to low class citizens… Read More

The Costs of Unemployment

Every government around the globe will look at the management of unemployment as one of the most daunting jobs in the world. When people could not find the jobs they are looking for which meet their credential due to a lack of demand from employers, that only indicates that there is not enough available jobs… Read More

Definition and Reasons for Cyclical Unemployment

Cyclical unemployment is a form of unemployment brought about by negative economic growth. This is usually observed whenever a country suffers from a recession in which it achieves low levels of economic output in two or more consecutive quarters. During a recession, cyclical unemployment rises severely. The logic behind this is that lesser people are… Read More

Definition and Reasons of frictional Unemployment

Frictional unemployment is the time period when a worker is actively seeking for a job or transferring one job to another. It is similar to an individual’s temporary unemployment when a worker is out of the job at one point in time but will then go back as soon as job is available. People who… Read More

Definition and Reasons of Structural Unemployment

Structural unemployment is one principal form of unemployment in which a mismatch between availability of jobs and the skills and locations of workers occurs. A clear example of this form of unemployment is when a highly urbanized area has more job openings for positions that cannot be addressed by local workers due to lack of… Read More

Steering Clear of Unemployment after College Graduation

ARTICLE TEXT: College graduation is a very exciting part of anyone’s life as this is the period when all the excitement begins for a person to get involved with the real world of employment. At most times, hopes are high for the optimistic and aggressive jobseeker. However, looking into the increasing unemployment rates of the… Read More

The Interrelationship between Recession and Unemployment

When recessions occur, most people put all the blame to the government. Knowledge on economic trends and business economics in the society is not automatically guaranteed if one finishes college. Every time recession occurs, the use of the term is over all newspapers, magazines, and conversations. However, not everyone is fully aware of its definition… Read More

Effects and Kinds of Unemployment

Unemployment is a challenging period for any person who experiences it. It becomes more challenging when you have a family of your own. The main thing that comes to mind when being dismissed from a job as a company measure to save on costs is what becomes of your family in the coming days. It… Read More

The Interrelationships of Unemployment, Recessions, and National Economy

Many people don’t fully understand the economic circumstances that are directly linked to unemployment. Once the unemployment rate increases, a lot of us put the blame on huge organizations, the government, or other countries dominating the market competition within the country. If we are not fully knowledgeable on the basic economic conditions that affect unemployment,… Read More

Figures Used to Measure Unemployment Rate

Are you totally aware as to how the government measures the unemployment rate on a monthly basis? If not, then you have come to the right article. It is a major economic indicator of a country and that is the main reason why unemployment rate is measured on a monthly basis. By measuring the unemployment… Read More

The Basic Factors of Unemployment Rate

A lot of us believe that when we see reports on the current unemployment rate of a country it speaks about the number of people that are out of jobs. We then conclude that business sectors cannot provide enough jobs for all workers. In order to be enlightened, it is important to understand the true… Read More

Unemployment Results and Types

Dealing with unemployment is a challenging situation to handle. Especially when you are a family person, the first thing that comes to mind when being laid off for example is what will happen to your family, especially the children. You will be bombarded with a sea of thoughts as to how you can come up… Read More