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U.S. unemployment rose again in July, to 4.3%. (Associated Press) U.S. job growth slowed sharply last month and the unemployment rate rose to a nearly three-year high of 4.3%, the latest sign of a ...
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) [ 2] not being in paid employment or self-employment but currently available for work during the reference period. [ 3] Unemployment is measured by the unemployment rate, which is the number of people who ...
Gainful employment. Broadly, gainful employment refers to an employment situation where the employee receives steady work, payment from the employer and that allows for self-sufficiency. In psychology, gainful employment is a positive psychology concept that explores the benefits of work and employment. Second only to personal relationships ...
August 11, 2024 at 3:07 PM. ZURICH (Reuters) - Youth unemployment worldwide last year dipped to a 15-year-low and is likely to continue falling through 2025, although weaker growth means Asia has ...
August 2, 2024 at 1:25 PM. WASHINGTON (AP) — A surprising rise in the U.S. unemployment rate last month has rattled financial markets and set off new worries about the threat of a recession ...
Frictional unemployment occurs when a worker is voluntarily between jobs. This is normal and healthy for the economy, as it increases the matches between job openings and seekers. Structural unemployment is caused by structural changes in the economy. This includes technological changes and the movement and relocation of certain industries.
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.
Three years ago, the U.S. economy went through an unprecedented upheaval as millions of workers left low-paying jobs for more promising ones. At the same time, many white-collar workers cemented ...