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  2. Okun's law - Wikipedia

    en.wikipedia.org/wiki/Okun's_law

    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).

  3. Misery index (economics) - Wikipedia

    en.wikipedia.org/wiki/Misery_index_(economics)

    This implies that the basic misery index underweights the unhappiness attributable to the unemployment rate: "the estimates suggest that people would trade off a 1-percentage-point increase in the employment rate for a 1.7-percentage-point increase in the inflation rate." [9]

  4. Macroeconomics - Wikipedia

    en.wikipedia.org/wiki/Macroeconomics

    The original version of Okun's law states that a 3% increase in output would lead to a 1% decrease in unemployment. [9] The structural or natural rate of unemployment is the level of unemployment that will occur in a medium-run equilibrium, i.e. a situation with a cyclical unemployment rate of zero.

  5. US weekly jobless claims fall; third-quarter GDP growth ... - AOL

    www.aol.com/news/us-weekly-jobless-claims-fall...

    A jump in the unemployment rate to 4.3% in July from 3.7% at the start of the year saw the U.S. central bank kicking off its policy easing cycle with an unusually large half-percentage-point ...

  6. Phillips curve - Wikipedia

    en.wikipedia.org/wiki/Phillips_curve

    In these macroeconomic models with sticky prices, there is a positive relation between the rate of inflation and the level of demand, and therefore a negative relation between the rate of inflation and the rate of unemployment. This relationship is often called the "New Keynesian Phillips curve".

  7. Unemployment - Wikipedia

    en.wikipedia.org/wiki/Unemployment

    In April 2010, the US unemployment rate was 9.9%, but the government's broader U-6 unemployment rate was 17.1%. [175] In April 2012, the unemployment rate was 4.6% in Japan. [176] In a 2012 story, the Financial Post reported, "Nearly 75 million youth are unemployed around the world, an increase of more than 4 million since 2007. In the European ...

  8. Unemployment in the United States - Wikipedia

    en.wikipedia.org/wiki/Unemployment_in_the_United...

    "Of the roughly 2 percentage-point net increase in the rate of unemployment between the end of 2007 and the end of 2013, about 1 percentage point was the result of cyclical weakness in the demand for goods and services, and about 1 percentage point arose from structural factors; those factors are chiefly the stigma workers face and the erosion ...

  9. How to Get Unemployment Benefits — Even if You Quit Your Job

    www.aol.com/finance/unemployment-benefits-even...

    The government determines your benefits as a percentage of your former salary. States also set a cap on how much you’ll get. Alabama has one of the lowest limits at $275 a week.