Sunday, August 9, 2009

Does the unemployment rate become a better or worse indicator of the state of the economy...?

if people in the military aren%26#039;t included in the labor force?



if discouraged workers aren%26#039;t counted in the labor force?



if part-time workers are treated exactly like full-time workers?



PLEASE HELP ME!



Does the unemployment rate become a better or worse indicator of the state of the economy...?credit score





In macroeconomy there is three fundamentals variables: income (production), inflation and unemployment. For to say if an economy is good we need to evaluate the conduct of all of them, unemployment alone can not say us something.



Usually military, discouraged workers and part time workers are in USA a little portion of people in comparison to all the economy so, impact is not important. In developing countries the situation is not the same.



For social purpose and social evaluation, unemployment is an optimum macroeconomic indicator.

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