What does the unemployment rate measure?

Answer According to the Bureau of Labor Statistics, which reports monthly unemployment rate statistics, the unemployment rate measures the percentage of people actively looking or available for work. A su... Read More »

Top Q&A For: What does the unemployment rate measure

Why Does a Zero Inflation Rate Affect Unemployment?

Economic theory suggests that employment is tied to inflation in that high unemployment can cause a deflation, or depression. Monetary policy is used to stimulate the economy to balance employment ... Read More »

What is the unemployment rate?

The unemployment rate is a necessary statistic that allows citizens to know the current state of affairs. For example, an economic downturn that began in 2007 caused the unemployment rate to rise i... Read More »

What is the unemployment rate in the USA?

The unemployment rate in the USA for March 2010 was 9.7 percent. According to the U.S. Bureau of Labor Statistics, this amounts to 15 million people. Groups with the highest unemployment rates wer... Read More »

What was the unemployment rate in 2008?

In 2008, the annual U.S. unemployment rate was 5.8 percent, up from 4.6 percent the previous year, according to Bureau of Labor Statistics data. During the year, February posted the lowest jobless ... Read More »