Class Notes (890,256)
CA (532,658)
UOttawa (34,561)
ECO (987)
ECO1102 (278)
David Gray (103)
Lecture 4

ECO1102 Lecture 4: Week 5_ Feb 7 & 9

5 Pages
56 Views

Department
Economics
Course Code
ECO1102
Professor
David Gray

This preview shows pages 1 and half of page 2. Sign up to view the full 5 pages of the document.

Loved by over 2.2 million students

Over 90% improved by at least one letter grade.

Leah — University of Toronto

OneClass has been such a huge help in my studies at UofT especially since I am a transfer student. OneClass is the study buddy I never had before and definitely gives me the extra push to get from a B to an A!

Leah — University of Toronto
Saarim — University of Michigan

Balancing social life With academics can be difficult, that is why I'm so glad that OneClass is out there where I can find the top notes for all of my classes. Now I can be the all-star student I want to be.

Saarim — University of Michigan
Jenna — University of Wisconsin

As a college student living on a college budget, I love how easy it is to earn gift cards just by submitting my notes.

Jenna — University of Wisconsin
Anne — University of California

OneClass has allowed me to catch up with my most difficult course! #lifesaver

Anne — University of California
Description
Feb 9 Chapter 10: Unemployment and the demand for labour LFPRs by gender, 1962017 Much smaller gap: LFPRs for women have increased significantly since 1976 but remain below those for men Employment rates by age and gender, 2017 Employments rates are Generally higher for men than for women Except for 15 to 24 years Highest for men and women aged 24 to 44 years Significant for people aged 65 years and over Employment rates by gender, 19762017 Much smaller gap now ERs for women have increased significantly How long are the unemployed out of work? In 2017, the average spell of employment lasted 19.6 weeks (up from 15 weeks in 2008) But average can hide what is really important Example: consider 4 unemployed people 3 are employed for 4 weeks each while the 4th is employed for 52 weeks The average length of employment is 16 weeks But the problem lies only with the 4th person Lesson: care must be taken when interpreting data on unemployment The duration of unemployment, 2017 Most spells of unemployment are short Does the UR reflect how the LM is performing? Does the unemployment rate always accurately reflect whats happening in the labour market? 1. Sue lost her job and begins looking for a new one The unemployment rate rises because Sue is now unemployed This suggests the labour market is worsening and it is Indicator is OK 2. Job, a steelworker who has been out of work since his mill closed last year, becomes discouraged and give up looking for work Jon is discouraged worker He would like to work but was unemployed for the past year and has now left the labour force
More Less
Unlock Document
Subscribers Only

Only pages 1 and half of page 2 are available for preview. Some parts have been intentionally blurred.

Unlock Document
Subscribers Only
You're Reading a Preview

Unlock to view full version

Unlock Document
Subscribers Only

Log In


OR

Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit