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Graduate unemployment, or educated unemployment, is unemployment among people with an academic degree.. Aggravating factors for unemployment are the rapidly increasing quantity of international graduates competing for an inadequate number of suitable jobs, schools not keeping their curriculums relevant to the job market, the growing pressure on schools to increase access to education (which ...
Unemployment Trust Fund. The Unemployment Trust Fund ( UTF) is composed of 59 accounts in the United States Treasury related to unemployment insurance program. Specifically, there are 53 state accounts, 4 federal accounts, and 2 accounts in connection with Railroad Retirement Board.
China's labor market was highly regulated and dominated by state-owned enterprises, with an average unemployment rate of 3.7 per cent between 1988 and 1995, but this rose sharply after numerous lay-offs between 1995 and 2002, reaching an average unemployment rate of 9.5 per cent between 2002 and 2009. These changes had the greatest impact on ...
As of February 2024, the U.K. unemployment rate is 3.8%, down from 3.9% in January. [2] [3] In the three-month figures (July to September 2022) [4] [needs update] the unemployment rate was estimated at 3.6%, which is 0.2 percentage points lower than the previous three-month period. The ONS said the employment rate, or percentage of people in ...
Unemployment Act 1934. The Unemployment Act 1934 was an Act of Parliament in the United Kingdom, reaching statute on 28 June 1934. It reduced the age at which a person entered the National Insurance scheme to 14 and made the claiming age 16 years. [1] It also separated benefits earned by paying National Insurance and those purely based on need. [2]
10 & 11 Geo. 5. c. 30. The Unemployment Insurance Act 1920 was an Act of Parliament in the United Kingdom. It created the dole (weekly cash unemployment benefits) system of payments to unemployed workers. [1] The Act passed at a time of very little unemployment, when the Conservatives dominated Parliament.
South Korean Won ( KRW) The unemployment rate in the Republic of Korea as of December 2021 is 3.7 percent. [1] Since its rapid globalization and democratization, the unemployment rate has been comparatively low compared to most OECD countries. This remains the case as of 2021. Being Asia’s fourth-largest economy, the country's booming exports ...
The Unemployment Insurance Act 1930 ( 20 & 21 Geo. 5. c. 16) was passed in the United Kingdom in response to the economic problems emerging due to the Wall Street Crash and Great Depression. It substantially reformed the benefits system and abolished the rule that those claiming benefits must genuinely be seeking work.