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Unemployment Rate Essays

Analyzing the Federal Reserve’s Monetary Policy

Introduction Have you ever considered how a coalition of policymakers’ actions can affect your daily life? Hence, that is where monetary policy intervenes to influence prices and the availability of jobs. We follow the monetary policy problem review with two insightful pieces. One by the IMF and one that mentions historical references to the Federal ... Read More
Pages: 5       Words: 1144

Evaluation of the Macroeconomic Performance of Australia Under a Rapidly Changing World Economic Environment

Executive Summary The Australian economy reported significant growth of 3% in chain volume in the current financial year; labour productivity declined by 3.7%, and the household savings ratio dropped to 4.3% from 12.6%. At the same time, the country’s national net worth increased by $1.3 trillion to $19.0 trillion in the 2022/2023 financial year (Australian ... Read More
Pages: 13       Words: 3493
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Correlation Analysis Between Car Prices and Economic Factors

Introduction This study examines the factors affecting the price of cars in the USA. The research focuses on several economic factors, including Gross Domestic Product, Unemployment rate, Inflation, and interest rates and their impacts on the average price of cars. Several studies have been carried out to determine the association between car prices and macroeconomic ... Read More
Pages: 13       Words: 3491

Apple Inc.’s Economic Activities in China and the United States

Overview of the Company in China and the United States Apple Inc. is an American multinational corporation that focuses on technological innovation. Apple Inc. primarily manufactures iPhones, Macs, Apple Watches, iPads, iPods, and AirPods headphones (Levy, 2023), among other electronic devices. Apple has released several different operating systems, a browser for the internet, a musical ... Read More
Pages: 13       Words: 3424

Impact of Labour Participation Rate on Urbanization

Chart Due to rapid modernization, Kuala Lumpur has undergone a lot of economic as well as social changes. In other words, this shift instigated a spatial re-distribution brought about by migration, which was attracted by the growth rate and urbanization rate (Yasin, Zain, Haniff, & Hassan, 2022). These migrations promoted a steady and balanced labour ... Read More
Pages: 7       Words: 1670

Analyzing Job Quality

Introduction Job quality has been defined in numerous ways. According to the International Labour Office (ILO), job quality is a “composite concept, comprising several dimensions that jointly determine the degree to which work is satisfactory and provides for a decent standard of living” (ILO, 2017). The dimensions of job quality identified by the ILO include ... Read More
Pages: 8       Words: 2107

The Relationship Between Economic Growth and Unemployment

Introduction Globally, there is the acceptance that from an economic point of view, the GDP growth rate of any economy increases employment and reduces unemployment. The theory behind this is ‘Okun’s Law’ which concerns the relationship between output and unemployment. Mainly in the most developed countries, the theory has been among the most famous; on ... Read More
Pages: 12       Words: 3188

Introduction to Econometrics

Introduction Overview Econometrics is the application of statistical methods to economic data to give empirical content to financial relationships. It includes developing and applying models and methods for forecasting, testing, and explaining economic data and relationships. Econometrics in Stata is a suite of statistical tools used to analyze economic data. It is designed to provide ... Read More
Pages: 10       Words: 2629

Key Findings on the Causes of the High Inflation Rate

The Russia-Ukraine war offers entrepreneurs, company leaders, and policymakers a new challenge regarding its economic impact. Covid-19 had already disrupted the global economy two years before the war, and economies, especially in emerging countries, were beginning to recover. With the war causing supply and price shocks, most countries having close trade ties with Russia or ... Read More
Pages: 14       Words: 3724

Summary and Evaluation of the Article “Underemployment in the Australian Labour Market” by Chambers et al., 2021

Summary Chambers et al., 2021, examine Australian underemployment, and they offer recommendations on how to increase employment in Australia. When there is a surplus of labor, employed people prefer to work longer hours, which drives up the number of people employed part-time. Labour markets have been adjusting to changes in demand over the past few ... Read More
Pages: 3       Words: 766
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