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Explore the impact of unemployment globally and in the US with charts showing rates across different states and countries. Learn about definitions, trends, and key statistics.
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Unemployment • Unemployment is the thestateofbeing out of work, especiallyinvoluntarily • The Unemployment rate is determined by dividing all the unemployed by the people currently in the labor force • People Not Included: • People under 16 • Inmates • Non-Civilian Population (Armed Forces) • People who do not have a job, and who have not been actively seeking work in the prior 4 weeks
Unemployment In America(Chart shows unemployment by state over the Past 21 Years
Unemployment In America • The chart on previous slide shows the unemployment rate of all 5o states • Nevada has the highest at 13.4% • North Dakota has the lowest at 3.4% • States with the bigger population have higher unemployment rate • Lack of jobs • Since 1920 the lowest Unemployment Rate America has had is 1.2% in 1944 • Link for chart: Click Here
Unemployment World Wide • World Labor Force is approximately 3.2 billion people and the unemployed population of the world is 205 million people (6% unemployment rate) Map shows the unemployment rates throughout the world
Unemployment World Wide • Of the major world economies Spain has the highest unemployment rate- 18.7% • Of the major world economies San Marino has the lowest unemployment rate- 2.8%
Credits(All information was found at the following sites) • US Unemployment History http://www.infoplease.com/ipa/A0104719.html • World Unemployment Rate Map: CIA Information (Click Here for Website) • Major Economies Unemployment Rates http://visualeconomics.creditloan.com/unemployment-rates-around-the-world/ • USA Unemployment: By State (Click Here For Website)