Questions tagged [unemployment]
13 questions
24
votes
1 answer
Do 40,000 people die in the United States for every 1% increase in unemployment?
In the 2015 movie The Big Short, the character of Ben Rickert, played by Brad Pitt, makes the following statement to two investment bankers.
If we're right (about the housing market collapsing), people lose homes. People lose jobs. People lose…
DenisS
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24
votes
1 answer
Is today's unemployment worse than the Great Depression?
Just saw this come across Facebook,
It reads,
UNEMPLOYMENT
If we measured unemployment the way they did
during the 1930s, today's unemployment would be
worse than any single year of the Great Depression.
The graphic gives these…
Evan Carroll
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19
votes
2 answers
Will introduction of a minimum wage increase unemployment?
In economics, you commonly hear the clear that a minimum wage law will reduce employment. Is there empirical evidence that either supports or debunks that claim?
Christian
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15
votes
1 answer
Does immigration to the USA increase the unemployment rate?
Does immigration to the USA diminish the number of jobs available to US citizens?
According to an NBC/Wall Street Journal poll:
The poll also finds that 56 percent of American voters believe that immigration helps more than it hurts [...] That's…
Santropedro
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13
votes
1 answer
Do most economists consider lump of labor to be a fallacy?
As an economist in training, it is my understanding that the idea that there is a fixed amount of work is considered a fallacy by most economists. For example, when Paul Krugman discusses it, he merely states "Economists call it the 'lump of labor…
Borror0
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8
votes
2 answers
Are 85% of autistic college grads unemployed?
In 2016, a paper entitled Autism in the Workplace: Assessing the Transition
Needs of Young Adults with Autism Spectrum
Disorder claimed:
The most recent unemployment statistics for adults with ASD show that 85% are
unemployed [...]
They cite the…
Kevin Kostlan
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8
votes
1 answer
Has the US unemployment rate reached 24.9%?
Before this seven-week stretch of 33.5 million initial jobless claims, there were already 7.1 million unemployed Americans as of March 13. When those figures are combined, it equals more than 40 million unemployed, or a real unemployment rate of…
Travis Wells
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8
votes
1 answer
Is female unemployment lowest in 18 years?
President Donald Trump celebrated the Women's March by tweeting the following.
Beautiful weather all over our great country, a perfect day for all Women to March. Get out there now to celebrate the historic milestones and unprecedented economic…
SQB
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6
votes
3 answers
Are there fewer Americans in the labor force than in 1979?
Just wondering if this claim is true,
Picture reads,
There are fewer AMERICANS in the labor force today than anytime since 1979!! LIKE and SHARE this if Americans need more OPPORTUNITY!
Evan Carroll
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5
votes
1 answer
Has a company fired its employees by deactivating their access badges?
A few years ago, at the beginning of the financial crisis, there was this rumor that traveled from mouth to mouth about some company that did some layoffs.
The story says the company's management announced an important communicate to all the…
John
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2
votes
0 answers
Are these metrics regarding the 2009-2014 recession accurate?
In the Forbes article "The Worst Five Years Since the Great Depression", it is quoted:
[...] what America got by year five was fewer jobs than before. Even though the employment age population has increased by nearly 12 million since January, 2008,…
user20862
2
votes
0 answers
Did the U.S. median unemployment duration drop by the steepest amount for any six month period ever in the first half of 2014?
On HUFF POST, a claim is made on July 7, 2014:
The past six months saw "the largest six-month decline in the length of unemployment ever measured," he said. "The debate on that extension is over, and the conservatives were right."
...
"The end of…
user20862
1
vote
1 answer
Is immigration causing unemployment among low-skill workers in the UK?
Immigration policy is a hot topic in UK politics, but is it actually costing British jobs?
Vlad Tataranu
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