As with anything else, statistics for business and economics is often discussed in terms of how they affect us when in the real world. There are also many statistics that can be related to personal problems and actions. This chapter will discuss the statistics that can be related to our beliefs and actions.
As with anything else, statistics for business and economics is often discussed in terms of how they affect us when in the real world. There are also many statistics that can be related to personal problems and actions. This chapter will discuss the statistics that can be related to our beliefs and actions.The first thing that comes to mind is the number of people who are unemployed or underemployed. According to the Bureau of Labor Statistics, the unemployment rate is 3.3% for the United States. Of course, it’s not that simple. There are many different factors that affect the unemployment rate, including people not looking for work, people who are out of work but can’t find a job, etc.
As with anything else, statistics for business and economics is often discussed in terms of how they affect us when in the real world. There are also many statistics that can be related to personal problems and actions. This chapter will discuss the statistics that can be related to our beliefs and actions.The first thing that comes to mind is the number of people who are unemployed or underemployed. According to the Bureau of Labor Statistics, the unemployment rate is 3.3% for the United States. Of course, it’s not that simple. There are many different factors that affect the unemployment rate, including people not looking for work, people who are out of work but can’t find a job, etc.Another problem is that people who have a hard time finding jobs tend to have poor work ethic. That is because they don’t think they can ever be successful at their job. They just don’t want to risk being fired.
As with anything else, statistics for business and economics is often discussed in terms of how they affect us when in the real world. There are also many statistics that can be related to personal problems and actions. This chapter will discuss the statistics that can be related to our beliefs and actions.The first thing that comes to mind is the number of people who are unemployed or underemployed. According to the Bureau of Labor Statistics, the unemployment rate is 3.3% for the United States. Of course, it’s not that simple. There are many different factors that affect the unemployment rate, including people not looking for work, people who are out of work but can’t find a job, etc.Another problem is that people who have a hard time finding jobs tend to have poor work ethic. That is because they don’t think they can ever be successful at their job. They just don’t want to risk being fired.The problem with the BLS statistics is that they lump all jobs into one category, and then use the unemployment rate as a rough indicator. There is a lot of variation within that category. For example, according to the American Community Survey, around 5% of the country’s population is in the middle-income category. That means the rest of the population are unemployed. That’s an over-estimation of the unemployment rate, though.
