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\nUnemployment Statistics: Understanding the Murky World\n

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\nThe video explains the complex concepts within unemployment statistics, including marginally attached workers, discouraged workers, hidden unemployment, over-qualification, hoarding, and underemployment. The presenter emphasizes the...\nThe video explains the complex concepts within unemployment statistics, including marginally attached workers, discouraged workers, hidden unemployment, over-qualification, hoarding, and underemployment. The presenter emphasizes the importance of understanding these terms in order to identify behaviors that account for imperfections in the relationship between output and employment. The video also discusses the impact of part-time work and hoarding on unemployment numbers, noting that these behaviors can result in an underestimation of the true unemployment rate.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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15:47
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Economics\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Preview\n
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Concepts

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economics, consequences, numbers, workers, work, hours, employment
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Additional Tags

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a-level, lectures, macro, eco, performance, 5.6d, of, unemployment, big difference, financial crisis, marginally attached, retaining staff, unemployment statistics, hidden unemployment, unemployment rate, unemployment numbers, long period, discouraged workers, labour, discouraged, impact, working, point, situation, world, downturn, employed, unemployed, hoarding, people, talking, showing
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\nShow resource details\n
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Unemployment Statistics: Understanding the Murky World\" href=\"/subscription/new\">\"Unemployment\n\n
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