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Job seekers ratio. Cold job market. Balanced job market. Hot job market. Job creation and unemployment are affected by factors such as aggregate demand, global competition, education, automation, and demographics. These factors can affect the number of workers, the duration of unemployment, and wage rates.
The steady employment gains in recent months suggest a rough answer. The unemployment rate has been 7.9 percent, 7.8 percent and 7.8 percent for the past three months, while the labor force participation rate has been 63.8 percent, 63.6 percent and 63.6 percent. Meanwhile, job gains have averaged 151,000.
Educational inequalities. K–12. Education at the K–12 level is important in setting students up for future success. However, in the United States there are persisting inequalities in elementary, junior high, and high school that lead to many detrimental effects for low-income students of color.
In 2014, unemployment dropped to 5.6 percent—making it the best year for job growth since 2007. Yet Five charts help explain the state of unemployment in America today
In California, for instance, the state unemployment rate hit 5.3% in February, up 0.8% from a year ago and the highest in the nation. New Jersey's unemployment rate hit 4.8% in February, also up 0.8%.
In 2016, the unemployment rate was 3.8% for Asians, 4.6% for non-Hispanic whites, 6.1% for Hispanics, and 9.0% for Blacks, all over the age of 16. [7] In terms of unemployment, it can be seen that there are two-tiers: relatively low unemployment for Asians and whites, relatively high unemployment for Hispanics and Blacks.
Youth unemployment. Young people protesting about youth unemployment in Hamburg. Youth unemployment is a special case of unemployment; youth, here, meaning those between the ages of 15 and 24. [1] Young people have difficulties finding work, consistently different from those of the general workforce. They also are affected in distinct ways.
Correctional populations in the U.S., 1980–2013 US timeline graphs of number of people incarcerated in jails and prisons [1]. The prison-industrial complex (PIC) is a term, coined after the "military-industrial complex" of the 1950s, [2] used by scholars and activists to describe the many relationships between institutions of imprisonment (such as prisons, jails, detention facilities, and ...