TAILIEUCHUNG - Lecture Macroeconomics (9/e): Chapter 17 - David C. Colander

Chapter 17 - Jobs and unemployment. After reading this chapter, you should be able to: State how the unemployment rate is measured and describe the debate about that measure; explain Okun's rule of thumb and summarize the debate about the appropriate target rate of unemployment; explain why unemployment is more than a technical concept but one that involves normative judgments; discuss the advantages of, and problems with, a government-guaranteed minimum job program. | A man willing to work, and unable to find work, is perhaps the saddest sight that fortune’s inequality exhibits under this sun. ―Thomas Carlyle Jobs and Unemployment Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Chapter Goals State how the unemployment rate is measured and describe the debate about that measure Explain Okun’s rule of thumb and summarize the debate about the appropriate target rate of unemployment Explain why unemployment is more than a technical concept but one that involves normative judgments Discuss the advantages of, and problems with, a government-guaranteed minimum job program 2 Calculating the Unemployment Rate The labor force refer to those people in an economy who are willing and able to work The unemployment rate is measured by dividing the number of unemployed individuals by the number of people in the civilian labor force and multiplying by 100 If the total unemployed stands at 12 million and the labor force .

• Kinh tế học
• Lecture Macroeconomics
• Kinh tế vĩ mô
• Macroeconomic problems
• International macroeconomic policy issues
• Unemployment rate
• Labor force
• Bài giảng Kinh tế vĩ mô
• Science of macroeconomics
• Data of macroeconomics
• Inflation rate
• Principles of microeconomics
• Economic models
• Tools of microeconomics
• Microeconomic transactions
• Natural rate of unemployment
• Consumer price index
• National income
• Agriculture sector
• Agricultural policies
• Economic fluctuations
• Macroeconomic policy
• Business cycle theory