Sentences with phrase «discouraged workers»

The phrase "discouraged workers" refers to people who want to work but have given up looking for a job because they believe there are no available opportunities. They feel hopeless and have stopped actively seeking employment. Full definition
A 2012 study published in the Journal of Accounting Research found that better - paid employees are less likely to steal; higher wages promote social norms that discourage workers from conspiring to steal inventory.
The number of multiple jobholders decreased by 514,000 from November 2016 to 7.6 million, and the number of discouraged workers not in the workforce (469,000) decreased by 122,000 from one year ago.
According to the above - referenced USAToday article, Goldman Sachs Chief Economist Jan Hatzius says wages will rise only slowly as discouraged workers who stopped looking for jobs stream back into an improving labor market.
I have noted in other posts that Statistics Canada produces a whole host of «unemployment rates» — some of which include discouraged workers — to help offer this picture.
The most recent jobs report suggests more and more discouraged workers are seeking to get back into the workforce accounting for a small uptick in the unemployment rate.
Arguably, counting discouraged workers is a more accurate way of counting the unemployed.
Specifically, it does not account for discouraged workers — who have given up looking for a job.
Unfortunately, most economists predict that the unemployment rate will remain elevated as discouraged workers reenter the labor force amid slow gains in jobs.»
The seasonally - adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS - estimated long - term discouraged workers, who were defined out of official existence in 1994.
There are still many discouraged workers and others who have left the labor force, though.
Everywhere she went, she left behind a trail of discouraged workers because she was constantly guilty of «damning with faint praise.»
Among the marginally attached, there were 408,000 discouraged workers in April, little changed from a year earlier.
But the unemployment rate does not capture the problem created when discouraged workers give up their job search and drop out of the labour market.
But it doesn't include people who have given up looking for work, so - called discouraged workers, or those who are working part time but would like to be full time.
While settlements were once discouraged Workers» Compensation boards, they are now encouraged.
One factor influencing this was discouraged workers with skill gaps who have stopped looking for work.
Insurance companies and employers will take advantage of an injured worker by denying a legitimate claim for medical benefits, undervaluing a claim for income benefits, pressuring the worker to return to work prematurely (including light duty work) or to accept a low cash settlement for a permanent disability, discouraging a worker from seeing a new doctor, or refusing to accept responsibility for a repetitive stress injury.
These improvements were reflected in the rise in the participation rate to 63 %, up 0.6 % since September, confirming there is greater slack in the labour force than conveyed by the headline unemployment rate, and suggesting that longer term unemployed or discouraged workers who have hitherto remained on the sidelines are being pulled back into the labour market by the growth in employment opportunities.
It can mask weakness in the market if there are large numbers of discouraged workers, as in the U.S. which now has a lower jobless rate than Canada despite a poor job creation record.
It also means that the «real» unemployment rate, which includes discouraged workers, is much higher than 6.9 per cent.
The Fed's continued insistence that it will raise rates soon is especially perplexing as inflation continues to run below its 2 % target, and the U-6 unemployment rate — which accounts for discouraged workers and those working part - time because they can't find full time work — is still well above pre-crisis levels.
That estimate is added to the BLS estimate of U-6 unemployment, which includes short - term discouraged workers.
More people working some amount of time, but many discouraged workers, part - time workers, lower paid positions, etc..
The unemployment rate is far from a perfect labour market barometer due to the discouraged workers problem.
A laid off manufacturing worker who has given up hope of ever finding another job is not counted in the unemployment statistics, so an economy with a high number of discouraged workers could have a misleadingly low unemployment rate.
You might recall Fed Vice-Chair Janet Yellen discussing at length the numerous pitfalls of the headline unemployment rate, which doesn't count the discouraged workers who've dropped out of the labour force, those who've stopped looking for work but say they would still like to have a job, and those who would like to work full - time but could only find part - time employment.
A broader measure of joblessness that includes discouraged workers and those at work part - time for economic reasons fell sharply, from 8.3 percent to 7.9 percent after being at 9.5 percent just a year ago.
During a presser in September 2014, the governor conflated «discouraged workers» with «labour market slack.»
The real number of discouraged workers is probably much higher.
The US has an extremely low rate of labor force participation, because there are no jobs to be had, and discouraged workers who can not find jobs are not measured in the unemployment rate.
The underemployment rate is a broader measure that includes discouraged workers and those who have part - time jobs but want full - time work.
Because the decline is being driven by unusual labor - force flows — aging workers retiring, the lure of government disability payments, discouraged workers and other factors — the jobless rate is a perplexing indicator of job - market slack and vigor.
It discourages workers from making excessive demands that would reduce capital accumulation and new investment.
But the question that needs to be asked is, how many of those stay - at - home dads actively chose that role and how many were forced into it by the economic recession, the «unemployed job - seekers, the underemployed, and discouraged workers»?
Excluded from these numbers are secondary, irregular, flexible, or part - time earners; part - time students; work - at - home dads (WAHDS); unemployed job - seekers, the underemployed, and discouraged workers.
Disabled and discouraged workers are excluded.
In the current situation, we have a lot of discouraged workers.
Discouraged workers are a large factor in the falling unemployment rate.
They have been better at forecasting the unemployment rate, even as it has become less useful as an indicator of how strong labor conditions are because of discouraged workers and more lower wage jobs.
Yes, the unemployment rate has come down, but much of it it due to discouraged workers.
GDP growth is not improving much if at all, and much of the unemployment rate improvement comes more from discouraged workers.
Please ignore the discouraged workers, and all of the new people on disability.
GDP growth is not improving much if at all, and much of the unemployment rate improvement comes more from discouraged workers, and part - time workers.
These statistics on unemployment do not include «discouraged workers» — those who have lost their unemployment benefits or simply stopped looking for work.
Discouraged workers are persons not currently looking for work because they believe no jobs are available for them.
GDP growth is not improving much if at all, and the unemployment rate improvement comes more from discouraged workers.
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