Result Of Unemployment Rate. That would bring the US. Unemployment rolls to 528 million or more than three times worse.
The underemployment rate fell to 08 points to 85 and the underutilization rate dropped 11 points to 151. It may take considerable time for the. Such a relationship between GDP and unemployment rates is important in two ways.
Such a relationship between GDP and unemployment rates is important in two ways.
Unemployment Rate Formula Formula to Calculate the Unemployment Rate The unemployment rate formula calculates the share of people that are not working or is jobless of the total employed or unemployed labor force and is depicted as a percentage. The underemployment rate fell to 08 points to 85 and the underutilization rate dropped 11 points to 151. Unemployment rate The unemployed are people of working age who are without work are available for work and have taken specific steps to find work. Someone who is laid off when the unemployment rate is less than 6 percent will lose an average of a year and a halfs worth of earnings according to research cited in a 2012 article in The Wall Street Journal.