Macroeconomics Case Study Example | Topics and Well Written Essays - 1000 words - 1

Macroeconomics - Case learning ExampleDue to this fact among others, there has been a suggestion that the unemployment rate that has been released by the government argon non exactly accurate and may actually be higher than the numbers stated (Nutting). However, winning this mode of argument means that one has to consider a number of factors before they are in agreement with the authors of these articles.For instance, the fact that one may be hindered from looking for a job by raft such as other duties and responsibilities like childcare and homecare does not mean that given the chance these individuals would actively search for employment opportunities. One has to factor in the issue of willingness as well as object especially in a judgment of conviction where one can easily search for jobs online without having to leave the encourage of their homes. There are also various jobs that one can perform from their homes and then if these individuals have not tried to get these ki nd of employment opportunities it can be established that they would look for the more conventional forms of work had they had an opportunity. The issue of being discouraged by the current economic situation and perhaps their calamity in the past can also not be seen as a serious verification as this is a factor that can be overcome by willpower and determination. It can thus be correct to come to the conclusion that the real unemployment rate is not as accurate as one would think (Nutting).The issue of long term unemployment is also another subject that should be considered in matters of unemployment in relation to the available job opportunities that currently exist in the market. It has been seen that those who experience longer periods of quantify without employment have a lesser chance of getting a job as time goes on. This is because many employers tend to favor individuals who have a smaller gap between their status of unemployment and their stand firm job (Coy). Long te rm