Analysis of the February Employment Report 2018

The February Employment Report 2018 released by the Bureau of Labor Statistics can help an economist come up with various conclusions regarding the country’s GDP and the inflation. Although the unemployment rate did not change, more than 700,000 jobs were created across various sectors. The unemployment rate has been declining...

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The Effects of Unemployment on the United States

Unemployment Unemployment is a situation whereby aspects of manufacture are willing and are capable of being hired at the governing market wage rates but are compulsorily unutilized or underutilized.\u00a0 \u00a0The number of unemployed individuals will depend on the price of expansion of work opportunities which in turn depends on the level...

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The Impact of Supply Side Policies on the Economic Growth

Supply-side policies are policies that are developed to increase the aggregate supply, a shift from left to right. These policies are aimed at enhancing the productive capacity of an economy and at the same time improve the quality and quantity of the factors of production. These policies lead to lowering...

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Human Capital and Economic Growth

A range of economic issues have been analyzed by different economists and most of these issues are related to economic growth, yet human capital produces personal economic growth which eventually corresponds to national or social aggregates. Human capital plays a paramount role in enhancing personal, social and national economic growth....

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The Role of Human Capital in Economic Growth

Human capital is defined as the knowledge, skills and competencies possessed by the labour market which is used to produce goods, services and ideas. Various attributes are embodied in human capital. For instance, a person’s education might be good but possess poor management skills. Human capital is therefore dimensional and...

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The Falling Rate of Profit

Economists' Views on the Falling Rate of Profit Economists in the 19th century had their different and straightforward opinion on the falling rate of profit of the industries. For instance, Ricardo argued that profits due to a natural tendency cost by high cost of hiring labor to produce foodstuffs which demanded...

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The Effects of War on the Economy

During the short run, war stimulates the economy through the massive creation of jobs opportunities and production of weaponry. High government purchases during wartime generate some helpful economic gains mainly due to spending booms, thus facilitating the massive production of goods.  For instance, during World War 2, the GDP of...

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The Issue of Unemployment in the Philippines

Unemployment in the Philippines Unemployment is a major issue that influences a nation's politics. The statement about unemployment in the Philippines attracts many political views. The unemployment rate in the Philippines is high because of the unavailability of jobs to be offered to people. The growth of unemployment rate in the...

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The Importance of Boycotting in Promoting the Rights of Workers

Imported Products and the Exploitation of Workers Most of the products consumed on a daily basis in America are imported. The imported products are produced by factory and farm workers from various parts of the world. The workers are involved in several activities such as harvesting cotton that is used to...

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Unemployment and Recession

Unemployment entails a situation whereby a section of people in an economy’s work force who have the capacity and the will to work but they lack jobs. It is expressed as a percentage of an entire work force. It is calculated as a ratio of the number of unemployed people...

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Artifacts of Life

It can be a form of art or a form of self-expression that has meaning to you. It can be anything that a human conceived of as art and deliberately crafted. For this assignment, you are being asked to share your artifact with your classmates.  Please consider this as you select...

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Advantages and Disadvantages of Telecommuting

Telecommuting: A Cost-Effective Option for Companies Telecommuting is a work arrangement between the employer and the employee to have the latter delivering on their employment mandate outside the work environment; often working from home or a location close to home. The employee keeps in touch with co-workers and the employer via...

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Pages: 8

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