Showing 1 - 5 of 5
In 1982, the United States experienced the highest annual unemployment rate since the Great Depression – 9.7 percent …. In principle, that rate is directly comparable to the 8.1 percent seasonally adjusted unemployment rate for February 2009 …, and suggests that current unemployment is still not as bad as it was in 1982. The official unemployment rate, however …
Persistent link: https://www.econbiz.de/10004999572
Since the Great Depression, the worst episode of unemployment came in the second half of 1982 and the first half of … 1983. Over that time, the unemployment rate stayed above ten percent from September through June—reaching 10.8 percent of … the labor force in November and December of 1982. A naïve examination of the raw unemployment rates would suggest that the …
Persistent link: https://www.econbiz.de/10008568491
The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a consensus among economists that the Great Recession is very likely over. Unfortunately, the end of the official recession will have little visible...
Persistent link: https://www.econbiz.de/10008545825
job loss and raise the national unemployment rate. However, this issue brief shows that the experience of 22 countries … is no statistically significant relationship between national unemployment rates and legally-mandated access to paid sick …
Persistent link: https://www.econbiz.de/10005256261
From the early 1990s through the peak of the last business cycle, relatively low U.S. unemployment rates seemed to make … (OECD), the International Monetary Fund (IMF), and other international organizations all praised the U.S. unemployment … shows that in the current economic crisis, the U.S. unemployment rate ranks 4th to last among the major OECD countries. …
Persistent link: https://www.econbiz.de/10005256263