Friday, February 14, 2020

Unemployment Article Example | Topics and Well Written Essays - 250 words - 1

Unemployment - Article Example otential and actual output, this article refers to the calculations presented by Lewis Alexander of Nomura Securities by using labor market indicators. According to these reports, the employed people represented 63 percent of population in 2007, as compared to 59 percent for 2009 population. The author thus justifies that the actual unemployment rate, as related to the actual output, is almost 1.1 percent higher than the given figure of 5.5 percent. The article emphasizes the fact that many people in the country have stopped looking for jobs, which is falsely reflected through the decline of employment rate. Therefore, the author suggests that it is important to persuade such long-term jobless people to hunt actively for jobs. In this direction, the article refers to the recent call from President Obama to many corporate entities for encouraging such employment seekers. (Closing the Gap 2014) I do not agree with the author, as I believe that job is the necessity for every responsible householder. Any person needing a job cannot afford to give up the efforts for looking at fresh employment opportunities until he or she gets the desired job. Further, the population figures relating to employed percentage is not the correct representative of employment growth, as increase in population can be mainly due to increase in young adults, who are not old enough to seek any job. Closing the Gap (2014). â€Å"America’s labor market has suffered permanent harm.† Retrieved on Dec. 15, 2014, from:

Saturday, February 1, 2020

Using SPSS computerized statistical tool Research Paper

Using SPSS computerized statistical tool - Research Paper Example As discussed previously, descriptive statistics is an important concept that helps researchers to summarize large data set and draw meaning from them. Tables, graphs and pie charts have been deemed the best in describing data.From the analysis, it is evident that with regards to highest qualification of the respondents, a greater proportion of respondents had acquired high school education 1003 representing 49.6%, followed by those who were bachelor’s holders 355 representing 17.5% of the sample, the individual with lower high school being 297 representing 14.7% of the sample, those with post graduate came forth with 194 individual contributing to 9.6% of the sample and lastly those who have junior college qualification were 173 representing 8.6% of the sample (Fig. 1). Concerning hours worked in the last week, the number of children and total family income, the descriptive table below summarizes it all. It is evident from the analysis that on average, families had 2children w ith the biggest family having 8 children while the smallest having no child. On average, respondents worked for 42 hours in the last week, having a standard deviation of 14.480.The highest number of hours worked standing at 89 while the shortest being 1 hour. Based on coding adopted, the maximum and minimum total family income are over $150,000 and under $1,000. From the histogram above, the mean age is 77.7 years with a standard deviation of 17.35 years, meaning that majority fell between 30.36 and 65.06 years.