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International Unemployment Day (March 6, 1930) was a coordinated international campaign of marches and demonstrations, marked by hundreds of thousands of people in major cities around the world taking to the streets to protest mass unemployment associated with the Great Depression. The Unemployment Day marches, organized by the Communist ...
The Unemployed Councils of the USA (UC) was a mass organization of the Communist Party, USA established in 1930 in an effort to organize and mobilize unemployed workers . The UC was the organizational successor of the Unemployment Council of New York, a broad-based organization established by various trade unions in New York City in the spring ...
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) [2] not being in paid employment or self-employment but currently available for work during the reference period. [3] Unemployment is measured by the unemployment rate, which is the number of people who are ...
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Statistics for June 2010 show that there are 926,000 young people under the age of 25 who are unemployed which equates to an unemployment rate of 19.6% among young people. [2] This is the highest youth unemployment rate in 17 years. [3] In November 2011 youth unemployment hit 1.02 million, [4] but had fallen to 767,000 by August 2014. [5]
The New York Times reported some of the causes and consequences of higher black unemployment in February 2018: "Even at the low of 6.8 percent recorded in December [2017] — it climbed back to 7.7 percent in January — the unemployment level for black Americans would qualify as a near crisis for whites. And the relative gains have not erased ...
The natural rate of unemployment is a combination of frictional and structural unemployment that persists in an efficient, expanding economy when labor and resource markets are in equilibrium. Occurrence of disturbances (e.g., cyclical shifts in investment sentiments) will cause actual unemployment to continuously deviate from the natural rate ...
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