Unemployment
Discover how the unemployment rate is calculated, who is considered in the labor force, and the different types of unemployment such as cyclical, structural, and frictional, in addition to exploring international unemployment comparisons and potential public policies to fight unemployment.
Introduction to Unemployment
How the Unemployment Rate is Defined and Computed
Who’s in Or Out of the Labor Force?
Calculating the Unemployment Rate
Hidden Unemployment
Labor Force Participation Rate
The Establishment Payroll Survey
How is the U.S. Unemployment Data Collected?
Criticisms of Measuring Unemployment
Key Concepts and Summary
The Historical U.S. Unemployment Rate
Unemployment Rates by Group
Breaking Down Unemployment in Other Ways
International Unemployment Comparisons
Key Concepts and Summary
Cyclical Unemployment
Why Wages Might Be Sticky Downward
Key Concepts and Summary
What Causes Changes in Unemployment Over the Long Run
The Long Run: The Natural Rate of Unemployment
Frictional Unemployment
Structural Unemployment
Natural Unemployment and Potential Real GDP
Productivity Shifts and the Natural Rate of Unemployment
Public Policy and the Natural Rate of Unemployment
The Natural Rate of Unemployment in Recent Years
The Natural Rate of Unemployment in Europe
A Preview of Policies to Fight Unemployment
Key Concepts and Summary