The unemployment rate

Essay specific features

 

Issue:

Business

 

Written by:

Porfirio A

 

Date added:

September 13, 2011

 

Level:

 

Grade:

A

 

No of pages / words:

3 / 643

 

Was viewed:

9939 times

 

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Essay content:

Each method has its own biases and the different systems that make comparing unemployment statistics between countries very difficult. Moreover, Unemployment has an impact in society and our economy. There are several costs involved in unemployment, but on the other hand, there is a benefit involved with it too...
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The likely costs include increased poverty, crime, political instability, mental health problems, and diminished health standards. But it is beneficial for the entire economy because it keeps inflation form being high. The unemployment rate is the impact of the economy has on people. There are two permanent government projects conducted by the United States Census Bureau or the Bureau of Labor Statistics for the United States Department of Labor that gather employment statistics monthly...
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