Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts

Thursday, December 24, 2009

The Unemployment Rate

Percentage of employable people actively seeking work, out of the total number of employable people determined in a monthly survey by the Bureau of Labor Statistics.

An unemployment rate of about 4% - 6% is considered “healthy”. Lower rates are seen as inflationary due to the upward pressure on salaries; higher rates threaten a decrease in consumer spending.