New Community of Work: Christian Response to Unemployment

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Language: English

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And I’ve pointed out that popular opinion – as measured by ratios (pdf) of consumer spending to asset prices – can do a better job of forecasting future economic conditions than professional forecasters can manage. Since not all unemployment may be "open" and counted by government agencies, official statistics on unemployment may not be accurate. [28] In the United States, for example, the unemployment rate does not take into consideration those individuals who are not actively looking for employment, such as those still attending college. [29] The ILO describes 4 different methods to calculate the unemployment rate: [30] Labour Force Sample Surveys are the most preferred method of unemployment rate calculation since they give the most comprehensive results and enables calculation of unemployment by different group categories such as race and gender.

Pages: 49

Publisher: Catholic Truth Society (November 1, 1995)

ISBN: 0851839444

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