Unemployment

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Introduction to unemployment

How the unemployment rate is defined and computed

1 Who’s in or out of the labor force?

2 Calculating the unemployment rate

3 Hidden unemployment

4 Labor force participation rate

5 The establishment payroll survey

6 How is the u.s. unemployment data collected?

7 Criticisms of measuring unemployment

8 Key concepts and summary

Patterns of unemployment

What causes changes in unemployment over the short run

1 Cyclical unemployment

2 Why wages might be sticky downward

3 Key concepts and summary

What causes changes in unemployment over the long run

1 The long run: the natural rate of unemployment

2 Frictional unemployment

3 Structural unemployment

4 Natural unemployment and potential real gdp

5 Productivity shifts and the natural rate of unemployment

6 Public policy and the natural rate of unemployment

7 The natural rate of unemployment in recent years

8 The natural rate of unemployment in europe

9 A preview of policies to fight unemployment

10 Key concepts and summary

Source: OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2

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