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RE: ECONOMIC CONTEST (3rd week)

in #contest6 years ago

#1 what is unemployment?
In my opinion, unemployment is a state or condition that a person becomes unemployed and has no source of income.

#2 what is participation rate?
The participation rate is a measure of the active part of the labor force of an economy. Huge rate.

#3 differentiate between unemployment and participation rate?
The participation rates and simultaneous unemployment rates can provide a more comprehensive picture of current job market. A high participation rate associated with a low unemployment rate is a sure sign of a strong current job market.

#4 What are the factors responsible for women high participation rate?
I'm not sure about this question but I think, institutions, agreement, policies, processes.

#5 In your in opinion, do you think employment only can bring about development in a country?
Definitely! In a country, employment can easily bring development through employment. Everybody in the workforce continues to follow a rule.

#6 Mention any steemian you know sponsor contest?
It's very easy to say! It's very simple because of this is increase payout due to increase rewards.

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