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Employment

Krugman AP Macroeconomics Chapter 12

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Chapter 12: The Meaning and Calculation of Unemployment ? -How unemployment is measured -How the unemployment rate is calculated -The significance of the unemployment rate for the economy -The relationship between the unemployment rate and economic growth ? Employed: people who currently hold a job in the economy, either full time or part time/ only if you have a job Unemployed: people who are actively looking for work but aren?t currently employed Limitations: Retired people Disabled Hasn?t actively searched for a Job in the last 4 weeks Discouraged workers Marginally attached workers Underemployed U.S. Census Bureau monthly survey called the Current Population Survey: interviewing a random sample of 60,000 American families

Krugman AP Macroeconomics Chapter 12

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Chapter 12: The Meaning and Calculation of Unemployment ? -How unemployment is measured -How the unemployment rate is calculated -The significance of the unemployment rate for the economy -The relationship between the unemployment rate and economic growth ? Employed: people who currently hold a job in the economy, either full time or part time/ only if you have a job Unemployed: people who are actively looking for work but aren?t currently employed Limitations: Retired people Disabled Hasn?t actively searched for a Job in the last 4 weeks Discouraged workers Marginally attached workers Underemployed U.S. Census Bureau monthly survey called the Current Population Survey: interviewing a random sample of 60,000 American families

H1B Visas

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Increase H1B Visas There is now a great need in the U.S. for a dramatic increase in H-1B visa availability in order to meet the demand of U.S. businesses for skilled workers. Companies across the?United States?are now beginning to assess their H-1B visa needs for the FY 2015 (10/1/14 - 9/30/15) filing season and are expecting even greater competition for the limited number of available H-1B cap slots. Foreign born skilled workers actually increase our jobs availability On the contrary, studies have shown that foreign-born skilled workers help the economy and actually create jobs for U.S. citizens.

Minimum Wage

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Minimum Wage Nathan Yu ENGLISH LANGUAGE AND COMPOSITION SECTION II Question 1 (Suggested time?40 minutes. This question counts for one-third of the total essay section score.) Minimum Wage has been a highly controversial topic for many years. Supporters argue that it is necessary in that minimum wage provides more to workers, allowing them to live better lives. Others argue that minimum wage may provide temporary benefits, it only causes harm to the economy as it causes inflation and unemployment.
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