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What is Unemployment Rate

Handbook of Research on Ethics, Entrepreneurship, and Governance in Higher Education
Percentage of the total workforce who are unemployed and looking actively for a paid job.
Published in Chapter:
Entrepreneurial Quality and Economic Crisis in the Eurozone Countries Driven by Innovation
Jose Manuel Saiz-Alvarez (EGADE Business School, Tecnológico de Monterrey, Mexico) and Alicia Coduras Martínez (Global Entrepreneurship Research Association, UK)
DOI: 10.4018/978-1-5225-5837-8.ch019
Abstract
Most of the nations forming the Eurozone are hoping to boost entrepreneurship as one of the leading elements for job creation, innovation, and wealth to overcome the economic crisis. However, the quality of the entrepreneurial activity changes when qualified initiatives tend to impact on the economic development, while non-vocational-driven entrepreneurship has a null or little impact on the economy. This research analyzes the average quality of the Eurozone entrepreneurial activity driven by innovation before and after an economic crisis. The primary results of this chapter are (1) the quality of the entrepreneurial activity increases when there is a public-private collaboration to foster entrepreneurship, and (2) long-term unemployment generates necessity entrepreneurship and diminishes entrepreneurial quality.
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The Impact of Macroeconomic Indicators on Unemployment Rate: Western Balkan Countries
The share of the labor force that is jobless, expressed as a percentage. It is a lagging indicator, meaning that it generally rises or falls in the wake of changing economic conditions, rather than anticipating them. When the economy is in poor shape and jobs are scarce, the unemployment rate can be expected to rise. When the economy is growing at a healthy rate and jobs are relatively plentiful, it can be expected to fall.
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Major Macroeconomic Dynamics for Labor Market in Turkey: A Causality Analysis
Unemployment rate is the number of unemployed people as a percentage of the labor force, where the latter consists of the unemployed plus those in paid or self-employment.
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Full Text Chapter Download: US $37.50 Add to Cart
Evaluating the Role of Research and Development and Technology Investments on Economic Development of E7 Countries
It is calculated as the ratio of unemployed people to the labor force. The important point in this situation is that people who are searching job are only included in the labor force.
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Full Text Chapter Download: US $37.50 Add to Cart
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