In the following reflection, I would like to talk about my thoughts on youth unemployment. The group work part was very interesting, since I was able to exchange my ideas with the other members. I always find such processes enriching, as we can learn something new from each other. Furthermore,...

Daniel suggests that the unemployment rate in South Africa is on the rise. It has climbed to an astonishing 27.5% in the 3rd quarter which has left about 6.2 million South Africans jobless. Surprisingly, approximately 37.3% of the jobless population have ceased looking for jobs and also 39% of the...

According to the Bureau of Labor Statistics, the national unemployment rate as of March, 2019, is 3.8% (Department of Labor, Labor Force Statistics, 2019). When reviewing the past ten years, we can see that unemployment peaked in 2010 at 9.9%, and then slowly began to drop. By March of 2015,...

This research will explore the statistical methods and procedures employed by United States Bureau of Labor Statistics (BLS) in collection, processing, analyses and dissemination of unemployment rate data in the United States. Statistical procedures and methods adopted by BLS determine the capability of the agency to forecast current and future...

Question OneThe estimate of the natural rate of unemployment for the first quarter of 2015 was 5.07% according to the Federal Bank of St. Louis' estimate of the Natural Rate of Unemployment (short-term). Full employment is a macroeconomics term used to refer to the level of unemployment rates at which...