Sentences with phrase «cent unemployment»
The phrase "cent unemployment" refers to a situation where the unemployment rate is very low, close to zero percent. It means that almost everyone who wants a job in a particular area or country is employed. Full definition
But the dominant school of economic thinking favors at least five per cent unemployment.
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And in Alberta, not even a recession and a nine per cent unemployment rate did much damage to house prices in Calgary and Edmonton.
The U.S. Federal Reserve backtracked on its 6.5 per cent unemployment target after joblessness fell faster than expected — not because companies are hiring, but, analysts say, because millions of Americans gave up on looking for work.
The gap between rich and poor has increased, the number of homeless is growing, the nation has come to accept 7 per cent unemployment as economic success, and the existence of a trapped underclass is perceived as normal.
And in Alberta, not even a recession and a nine per cent unemployment rate did much damage to house prices in Calgary and Edmonton.
The unemployment rate dipped 0.2 percentage points to 7.2 per cent, the lowest level since March and below the consensus forecast of 7.4 per cent unemployment.
Wage increases under enterprise bargaining continue to be in the 4 to 5 per cent range, figures which appear high in a climate of 2 per cent inflation and 8 1/2 per cent unemployment.
All states except Western Australia recorded declines in employment and, naturally, Tasmania came in as the perennial holder of record with 7.7 per cent unemployment.
This is mirrored by ILO unemployment figures, which are also at a historical low of 5.3 per cent unemployment, down 0.1 per cent on the quarter.
But the IPPR argues achieving full employment - which it defines as five per cent unemployment and an 80 % employment rate for the non-student working age population - could make a big difference to the UK.
Zimbabwe was once one of the most prosperous countries in Africa, but today it is wracked by economic chaos with an annual inflation rate estimated at 231 million per cent in January 2009 and over 80 per cent unemployment.
As the worst years of the Depression hit — causing 25 per cent unemployment, the closure of some 5,000 banks and the migration of hundreds of thousands of Americans to shantytowns — Evans spent two months in West Virginia and Pennsylvania.
In Denver, in a state with just three per cent unemployment, 10 per cent of employers that screen for drugs had dropped marijuana as of 2016, according to a survey by the Employers Council, which provides corporate legal and human resources services.