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In these models, unemployment is voluntary in the sense that a worker might choose to endure unemployment during a long search for a higher paying job than those immediately available; however, there is an involuntary element in the sense that a worker does not have control of the economic circumstances that force them to look for new work in ...
Jobseeker's Allowance (JSA) is an unemployment benefit paid by the Government of the United Kingdom to people who are unemployed and actively seeking work. It is part of the social security benefits system and is intended to cover living expenses while the claimant is out of work.
From the 1980s until the 1997 Asian financial crisis, the unemployment rate averaged approximately 2.3 percent. [4] The 1997 Asian financial crisis saw the unemployment rate skyrocket to 7%, totaling 1,490,000 people. Comparatively, the 2008 financial crisis had minimal effect on South Korea, with the unemployment rate rising from 3.16% to 3.64 ...
Spain unemployment rate by autonomous community in 2024. Unemployment rates in Spain vary across different regions of the country, but they tend to be higher when compared to other Western European countries. As of January 2025, the unemployment rate is at 10.4% of the labor force. [1]
High unemployment encourages low inflation, again as with a simple Phillips curve. But if unemployment stays high and inflation stays low for a long time, as in the early 1980s in the U.S., both inflationary expectations and the price/wage spiral slow.
The rate of unemployment in Brazil was determined by the Monthly Employment Survey until march 2012, when it started to be determined by the National Survey by sample of households that is coordinated by the Brazilian Institute of Geography and Statistics (IBGE). This research examines the economically active population from 211,000 households ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
The Washington State Employment Security Department is a government agency for the U.S. state of Washington that is tasked with management of the unemployment system. It was established by the Washington State Legislature in 1947, replacing an earlier system. [1]