Posts tagged: unemployment

How to Tackle Long Term Unemployment- A Collective Approach to Bounce Back

Long term unemployment is a perennial policy concern for several reasons. First, it tends to have detrimental effects on the individuals involved. Workers’ human capital (whether actual or perceived by employers) may deteriorate during a spell of unemployment, and the time devoted to job search typically declines. Both factors imply that the chances of getting… Read More »

Unemployment Due to Health Reasons

Resigning from your place of work for unavoidable reasons takes a toll on your life in all ways monetary, besides the emotional and career-related setbacks. One of the leading concerns that act as a cause for voluntary resignation from your place of work is health issues, either your own or of a close family member.… Read More »

How to Deal with Unemployment and Underemployment?

The marginal decrease in the unemployment rate does not necessarily translate into what the ground reality is, where unemployment rates do not account for individuals who have stopped attempting to look for jobs altogether or the large numbers of individuals who have settled for work which is below their paygrade. Looking at the bigger picture… Read More »

How Can Low Unemployment Gradually Increase Inflation

The trade-off between inflation and unemployment The trade-off between inflation and unemployment was first reported by A. W. Phillips in 1958—and so has been christened the Phillips curve. The simple intuition behind this trade-off is that as unemployment falls, workers are empowered to push for higher wages. Firms try to pass these higher wage costs… Read More »

Is High Salary Expectation A Reason For Unemployment?

We’ve come across many stories of people who once earned six-figure salaries but were then abruptly laid off. Such people often find it difficult to get another job with matching salary. Because of this, some of them opt to make themselves more marketable and pursue higher studies. The end result is that they add student… Read More »

Teenage Unemployment In USA

We all know that the economy was largely gloomy, with a slowdown. Teens and students are bearing high tuition prices and thus, are in dire need of finding alternate sources of income. Usually, teens manage to find work in restaurant chains and the likes but are mostly unappreciated for the work they do and are… Read More »

Paying Taxes On Income From Unemployment Insurance

As most of you reading this would be aware, voluntarily unemployed citizens in the U.S are eligible for a weekly monetary compensation for up to 26 weeks from the system that is jointly run by the state-federal setup, commonly known as Unemployment Compensation or Unemployment Insurance. Ascertained on your income in the preceding 5 calendar… Read More »

Job Hunting Advice for ‘Stressed Out’ Millennials

According to a recent survey conducted by the American Psychological Association (APA) millennials are officially the most stressed out generation in the United States. Also known as Generation Y, millennials are those of us who reached adulthood around the beginning of this century. Now recognized by no less than the White House as the largest and… Read More »

Suicidal Behavior During Unemployment

Unemployment is one of the most testing phase in our lives. Whether you were fired or lost the job due to underperformance, the vacuum caused by job loss is irreparable. Specially if have a family depending on your earnings and you do not have the required financial backing to sustain the turmoil. Falling unemployment rates… Read More »

Self-Employment and Unemployment Insurance

The story of Lisa Parker Lisa Parker, a budding dot com entrepreneur in her late thirties runs a small company that deals with web development and maintenance for local enterprises in Detroit, MI. Her husband works as a marine engineer employed with a shipping conglomerate. Lisa has two kids who are in high school. Lisa’s… Read More »