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Unemployment in the United States

Index Unemployment in the United States

Unemployment in the United States discusses the causes and measures of U.S. unemployment and strategies for reducing it. [1]

75 relations: Access economy, AFL–CIO, Alan Krueger, American Jobs Act, American Recovery and Reinvestment Act of 2009, American Society of Civil Engineers, American Taxpayer Relief Act of 2012, Austerity, Automatic Data Processing, Baby boomers, Balance of trade, Barack Obama, Bureau of Labor Statistics, Bush tax cuts, Business cycle, Calculated Risk, Catherine Rampell, Center on Budget and Policy Priorities, Christina Romer, Civilian noninstitutional population, Clerk of the United States House of Representatives, Congressional Budget Office, Consumer confidence, David R. Henderson, Deregulation, Dick Durbin, Economic policy of the Barack Obama administration, Economy of the United States, Emergency Economic Stabilization Act of 2008, Employment-to-population ratio, Federal Reserve Economic Data, Federal Reserve System, Fiscal policy, Fixing America's Surface Transportation Act, Frictional unemployment, Full employment, Great Depression, Great Recession, Gross domestic product, Inc. (magazine), Income inequality in the United States, Janet Yellen, Job creation index, Jobs created during U.S. presidential terms, Keynesian economics, Lael Brainard, Laura Tyson, Liberty Fund, Monetary policy, NAIRU, ..., Natural rate of unemployment, OECD, Patient Protection and Affordable Care Act, Paul Krugman, President's Council on Jobs and Competitiveness, Public Agenda, Quantitative easing, Social safety net, Social Security Disability Insurance, Stanley Lebergott, Subprime mortgage crisis, Supply-side economics, Tax expenditure, The Conscience of a Liberal, Troubled Asset Relief Program, Underemployment, Unemployment, Unemployment benefits, United States, United States Chamber of Commerce, United States Congress, United States fiscal cliff, United States housing bubble, White House, White House Press Secretary. Expand index (25 more) »

Access economy

The access economy is a business model where goods and services are traded on the basis of access rather than ownership: it refers to renting things temporarily rather than selling them permanently.

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AFL–CIO

The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) is the largest federation of unions in the United States.

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Alan Krueger

Alan Bennett Krueger (born September 17, 1960) is an American economist who is the Bendheim Professor of Economics and Public Affairs at Princeton University and Research Associate at the National Bureau of Economic Research.

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American Jobs Act

The American Jobs Act (H. Doc. 112-53) and (H.R. 12) is the informal name for a pair of bills proposed by U.S. President Barack Obama in a nationally televised address to a joint session of Congress on September 8, 2011.

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American Recovery and Reinvestment Act of 2009

The American Recovery and Reinvestment Act of 2009 (ARRA), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009.

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American Society of Civil Engineers

The American Society of Civil Engineers (ASCE) is a tax-exempt professional body founded in 1852 to represent members of the civil engineering profession worldwide.

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American Taxpayer Relief Act of 2012

The American Taxpayer Relief Act of 2012 was passed by the United States Congress on January 1, 2013, and was signed into law by US President Barack Obama the next day.

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Austerity

Austerity is a political-economic term referring to policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both.

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Automatic Data Processing

Automatic Data Processing, Inc., commonly known as ADP, is an American provider of human resources management software and services.

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Baby boomers

Baby Boomers (also known as Boomers) are the demographic cohort following the Silent Generation and preceding Generation X. There are varying timelines defining the start and the end of this cohort; demographers and researchers typically use birth years starting from the early- to mid-1940s and ending anywhere from 1960 to 1964.

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Balance of trade

The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain period.

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Barack Obama

Barack Hussein Obama II (born August 4, 1961) is an American politician who served as the 44th President of the United States from January 20, 2009, to January 20, 2017.

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Bureau of Labor Statistics

The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor.

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Bush tax cuts

The phrase Bush tax cuts refers to changes to the United States tax code passed originally during the presidency of George W. Bush and extended during the presidency of Barack Obama, through.

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Business cycle

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend.

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Calculated Risk

Calculated Risk is a finance and economics blog.

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Catherine Rampell

Catherine Rampell is an American journalist and nationally syndicated opinion columnist.

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Center on Budget and Policy Priorities

The Center on Budget and Policy Priorities (CBPP) is an American think tank that analyzes the impact of federal and state government budget policies from a progressive perspective.

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Christina Romer

Christina Duckworth Romer (née Duckworth; born December 25, 1958) is the Class of 1957 Garff B. Wilson Professor of Economics at the University of California, Berkeley and a former Chair of the Council of Economic Advisers in the Obama administration.

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Civilian noninstitutional population

In the United States, the civilian noninstitutional population refers to people 16 years of age and older residing in the 50 States and the District of Columbia who are not inmates of institutions (penal, mental facilities, homes for the aged), and who are not on active duty in the Armed Forces.

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Clerk of the United States House of Representatives

The Clerk of the United States House of Representatives is an officer of the United States House of Representatives, whose primary duty is to act as the chief record-keeper for the House.

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Congressional Budget Office

The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress.

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Consumer confidence

Consumer confidence is an economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation.

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David R. Henderson

David R. Henderson (born November 21, 1950) is a Canadian-born American economist and author who moved to the United States in 1972 and became a U.S. citizen in 1986, serving on President Ronald Reagan’s Council of Economic Advisers from 1982 to 1984.

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Deregulation

Deregulation is the process of removing or reducing state regulations, typically in the economic sphere.

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Dick Durbin

Richard Joseph Durbin (born November 21, 1944) is an American politician serving as the senior United States Senator from Illinois since 1997.

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Economic policy of the Barack Obama administration

The economic policy of the Barack Obama administration was characterized by moderate tax increases on higher income Americans designed to fund healthcare reform, reduce the federal budget deficit, and decrease income inequality.

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Economy of the United States

The economy of the United States is a highly developed mixed economy.

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Emergency Economic Stabilization Act of 2008

The Emergency Economic Stabilization Act of 2008 (Division A of), commonly referred to as a bailout of the U.S. financial system, is a law enacted subsequently to the subprime mortgage crisis authorizing the United States Secretary of the Treasury to spend up to $700 billion to purchase distressed assets, especially mortgage-backed securities, and supply cash directly to banks.

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Employment-to-population ratio

The Organization for Economic Co-operation and Development defines the employment rate as the employment-to-population ratio.

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Federal Reserve Economic Data

Federal Reserve Economic Data (FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 500,000 economic time series from 81 sources.

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Federal Reserve System

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America.

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Fiscal policy

In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy.

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Fixing America's Surface Transportation Act

The Fixing America's Surface Transportation (FAST) Act is a funding and authorization bill to govern United States federal surface transportation spending.

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Frictional unemployment

Frictional unemployment is the unemployment that results from time spent between jobs when a worker is searching for, or transitioning from one job to another.

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Full employment

Full employment means that everyone who wants a job have all the hours of work they need on "fair wages".

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Great Depression

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.

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Great Recession

The Great Recession was a period of general economic decline observed in world markets during the late 2000s and early 2010s.

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Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.

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Inc. (magazine)

Inc. is an American weekly magazine which publishes about small businesses and startups.

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Income inequality in the United States

Income inequality in the United States has increased significantly since the 1970s after several decades of stability, meaning the share of the nation's income received by higher income households has increased.

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Janet Yellen

Janet Louise Yellen (born August 13, 1946) is an American economist.

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Job creation index

A job creation index is a measure of net hiring of full- and part-time adult workers.

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Jobs created during U.S. presidential terms

Politicians and pundits frequently refer to the ability of the President of the United States to "create jobs" in the U.S. during his term in office.

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Keynesian economics

Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).

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Lael Brainard

Lael Brainard is a member of the U.S. Federal Reserve's Board of Governors where she serves as Chair of the Committees on Financial Stability, Federal Reserve Bank Affairs, Consumer and Community Affairs, and Payments, Clearing and Settlements.

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Laura Tyson

Laura D'Andrea Tyson (born June 28, 1947) is an American economist and former Chair of the US President's Council of Economic Advisers during the Clinton Administration.

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Liberty Fund

Liberty Fund, Inc. is a nonprofit foundation headquartered in Indianapolis, Indiana which promulgates the libertarian views of its founder, Pierre F. Goodrich through publishing, conferences, and educational resources.

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Monetary policy

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

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NAIRU

NAIRU is an acronym for non-accelerating inflation rate of unemployment, and refers to a level of unemployment below which inflation rises.

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Natural rate of unemployment

The natural rate of unemployment is the name that was given to a key concept in the study of economic activity.

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OECD

The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and world trade.

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Patient Protection and Affordable Care Act

The Patient Protection and Affordable Care Act, often shortened to the Affordable Care Act (ACA) or nicknamed Obamacare, is a United States federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.

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Paul Krugman

Paul Robin Krugman (born February 28, 1953) is an American economist who is currently Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times.

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President's Council on Jobs and Competitiveness

The President's Council on Jobs and Competitiveness, originally the President's Economic Recovery Advisory Board (PERAB), was an ad hoc panel of non-governmental experts from business, labor, academia and elsewhere that President of the United States Barack Obama created on February 6, 2009.

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Public Agenda

Public Agenda is a nonprofit organization that helps diverse leaders and citizens navigate divisive and complex issues.

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Quantitative easing

Quantitative easing (QE), also known as large-scale asset purchases, is an expansionary monetary policy whereby a central bank buys predetermined amounts of government bonds or other financial assets in order to stimulate the economy and increase liquidity.

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Social safety net

The social safety net is a collection of services provided by the state or other institutions such as friendly societies.

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Social Security Disability Insurance

Social Security Disability Insurance (SSD or SSDI) is a payroll tax-funded, federal insurance program of the United States government.

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Stanley Lebergott

Stanley Lebergott (July 22, 1918 – July 24, 2009) was a prominent American government economist and Professor Emeritus of economics at Wesleyan University.

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Subprime mortgage crisis

The United States subprime mortgage crisis was a nationwide banking emergency, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 – June 2009.

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Supply-side economics

Supply-side economics is a macroeconomic theory arguing that economic growth can be most effectively created by lowering taxes and decreasing regulation.

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Tax expenditure

A tax expenditure program is government spending through the tax code.

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The Conscience of a Liberal

The Conscience of a Liberal is a 2007 book written by economist and Nobel laureate Paul Krugman.

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Troubled Asset Relief Program

The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was signed into law by President George W. Bush on October 3, 2008.

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Underemployment

Underemployment is the under-use of a worker due to a job that does not use the worker's skills, or is part time, or leaves the worker idle.

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Unemployment

Unemployment is the situation of actively looking for employment but not being currently employed.

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Unemployment benefits

Unemployment benefits (depending on the jurisdiction also called unemployment insurance or unemployment compensation) are payments made by the state or other authorized bodies to unemployed people.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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United States Chamber of Commerce

The United States Chamber of Commerce (USCC) is a business-oriented American lobbying group.

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United States Congress

The United States Congress is the bicameral legislature of the Federal government of the United States.

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United States fiscal cliff

The United States fiscal cliff was a situation that took place in January 2013 when several previously-enacted laws came into effect simultaneously, increasing taxes and decreasing spending.

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United States housing bubble

The United States housing bubble was a real estate bubble affecting over half of the U.S. states.

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White House

The White House is the official residence and workplace of the President of the United States.

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White House Press Secretary

The White House Press Secretary is a senior White House official whose primary responsibility is to act as spokesperson for the executive branch of the United States government administration, especially with regard to the President, senior executives, and policies.

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References

[1] https://en.wikipedia.org/wiki/Unemployment_in_the_United_States

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