Sentences with phrase «point decline in the unemployment»
In simple terms, roughly a one percentage point decline in the unemployment rate will reduce the seriously delinquent rate by 0.8 percentage points.
http://eyeonhousing.org/ Not exact matches
At various points in the Clinton, Bush, Obama, and Trump administrations, new stock market records and historically low unemployment rates were used as a synonym for a booming economy, or after the financial crisis, to signal that the economy was recovering — even though many workers and households experienced stagnating or steadily declining incomes for years or even decades.
After studying the decline in U.S. crime rates that occurred in the 1990s, it concluded that a drop of two percentage points in unemployment was responsible for a 9 % decline in burglary, 14 % drop in rape and robbery and 30 % plunge in assault.
The labour market had tightened as the unemployment rate had declined by around 3 percentage points in two years, and wage pressures were building.
As a result, the unemployment rate, which is derived from the household survey, has fallen by about 1/2 a percentage point from its recent peak, although this decline is also partly explained by a large fall in the participation rate.
But fiscal watchdogs and Republicans point out that unemployment is down in part because of a decline in job seekers upstate (i.e., people moving away).
Using the paper's estimates, that would imply the recent recession caused a decline in female enrollment in elementary education of 33.6 percent (the 5.6 percentage point change in the unemployment rate multiplied by the 6 percent figure above).
Black adults still face a 7 percent unemployment rate, while the rate for white adults has declined to 3.4 percent.9 As a result, racial wealth inequality is at its highest point in nearly 30 years.10
The unemployment rate fell to 5.9 %, its lowest point since July 2008, but much of the drop in unemployment stemmed from a continuing decline in the labor force participation rate.
Unemployment has declined to 4.4 percent and consumer confidence is at its highest point in 15 years.