2006-08-26 00:26:08 · 10 answers · asked by Dalton C 2 in Social Science ➔ Economics
It's a case of supply and demand. By joblessness, I assume you are talking about unemployment. In the United States, this statistic is calculated by taking all individuals 16 and older who are actively seeking a job, and seeing what percentage of them have a job as opposed to those who do not. So, if more workers enter the labor force, this statistic will spike. Once they are absorbed, it will lower back down again. Job creation, on the other hand, deals with how many new jobs are filled. It is calculated by taking the number of employed from the previous period and subtracting it from the number employed this period. Thus, it takes into account job losses. Job creation is a net figure. These statistics can show the result you are saying when the number of workers coming into the labor force, or the supply of labor, is higher than the number of new jobs that are being filled, or the demand for labor.
2006-08-26 02:18:13 · answer #1 · answered by theeconomicsguy 5 · 0⤊ 0⤋
It could be that more and more jobs are opening for people with degrees or skilled work but yet at the same time factories are closing and 100's and even 1,000's of jobs of regular unskilled manual laborers are losing their jobs.
2006-08-26 07:31:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
job creation is up with all the new firms as for the unemployment have you thought about all the new workers comming into the coutry looking for work willing to work for less and all the nationals being replaced by cheap labour
2006-08-26 07:33:52 · answer #3 · answered by raz 3 · 0⤊ 0⤋
I asked a similar related question a while ago regarding the Phillips curve. I think the answer is that statistics start to lose credibility when you can see the political manipulation, and experience the deceit of statistical manipulation.
See links below for a fuller answer.
2006-08-26 07:39:37 · answer #4 · answered by James 6 · 1⤊ 1⤋
in the uk the two are calculated differently.
Joblessness= number of people claiming work related benefits
Job Creation= number of advertised jobs
so in the example, more jobs were advertised but more people signed onto benefits
2006-08-26 07:43:39 · answer #5 · answered by enigma_variation 4 · 0⤊ 0⤋
Do a course in Statistics and then you will learn that there is no limit to the way that core data can be manipulated to support whatever viewpoint.
Never trust figuires that have been manipulated.
2006-08-26 07:36:53 · answer #6 · answered by canaries 2 · 1⤊ 0⤋
Depends on the spin on the numbers, and the population is growing and the people already in the work force are working longer.
2006-08-26 07:32:22 · answer #7 · answered by kittycollector32 3 · 0⤊ 0⤋
Immigration. More and more jobs are being created but this is being outstripped by the number of immigrants both legal and illegal flooding into the country.
2006-08-26 07:44:42 · answer #8 · answered by greebo 3 · 0⤊ 0⤋
Because it's not showing Job LOSSES.
If job losses are greater than job creations, this is what you will see.
Thank you.
2006-08-26 07:33:06 · answer #9 · answered by Henry 5 · 0⤊ 0⤋
That's a politician for you - lying whichever answer they give whilst appearing to spout the truth.
2006-08-26 07:30:43 · answer #10 · answered by ? 5 · 1⤊ 2⤋