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In the UK, there is a distinction between two concepts within the welfare trap: [citation needed] The unemployment trap occurs when the net income difference between low-paid work and unemployment benefits is less than work-related costs (bus pass, work clothes, daycare), discouraging movement into work;
The difference between the Theil index and the Hoover index is the weighting of the relative deviation D. For the Hoover index the relative deviation D per group is weighted with its own sign. For the Theil index the relative deviation D per group is weighted with the information size provided by the income per individual in that group.
U.S. unemployment rate and employment to population ratio (EM ratio) Wage share and employment rate in the U.S. Employment-to-population ratio, also called the employment rate, [1] is a statistical ratio that measures the proportion of a country's working age population (statistics are often given for ages 15 to 64 [2] [3]) that is employed.
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Okun's law is an empirical relationship. In Okun's original statement of his law, a 2% increase in output corresponds to a 1% decline in the rate of cyclical unemployment; a 0.5% increase in labor force participation; a 0.5% increase in hours worked per employee; and a 1% increase in output per hours worked (labor productivity).
The S&P 500 down 1.8%, this after we got a March unemployment report that showed a loss of 701,000 jobs and an unemployment rate at 4.4%. This follows yesterday's weekly jobless claims number that ...
(The Center Square) — According to data from the U.S. Bureau of Labor Statistics, the seasonally-adjusted jobless rate in Florida was 3.4% in November, 0.1 %age points higher than last month.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.