Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. the unemployment rate is approximately <u>17 % .</u>
What is the formula for the unemployment rate?
- The percentage of the labor force that is employed that is unemployed is known as the unemployment rate (the labor force is the sum of the employed and unemployed).
- (Unemployed Labor Force) x 100 equals the unemployment rate.
What are the 4 types of unemployment?
There are different types of unemployment, including institutional, structural, cyclical, and frictional.
Effects of unemployment on society -
Communities with high rates of unemployment are more likely to have few job opportunities, subpar housing, fewer recreational opportunities, restricted access to public services and transportation, and underfunded schools.
Solutions to unemployment crisis in India -
- Education. Education is the best answer to every issue facing the world.
- Career advice - People looking for work who are having trouble choosing a career path should speak with a career guidance specialist.
- Training that is skill-based: Every job role calls for a particular skill set.
- job referrals
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Answer:
B. the productivity of the asset varies significantly from one period to another
Explanation:
Unit of activity method is a method or technique used in calculating depreciation. This method is used when the value of the asset been measured is more closely related to the productivity capacity than the number of years in use. In this technique of calculating depreciation of an asset, the amount of depreciation charged to an expense varies in direct proportion to the amount of asset usage.
It is calculated using the following formula
DE = [( Original value - Salvage value) / estimated production capabilities] × Units per year.
Where
DE = Depreciation expense.
The Atlantic Periphery is still particularly subordinate financially on its marine assets, and the locale is prime natural surroundings for some districts of fish. Nonetheless, many years of overfishing have put numerous monetarily imperative species on the edge of getting to be noticeably wiped out. In the event that there is to be reasonable angling of these species, later on, they should be permitted to recuperate.
Answer:
balance of 38,616 debit
Explanation:
Inventory
Debits Credits
40,000(A)
800(B)
200(C)
784(D)
38616
(A) the recieved goods increase the inventory balance
(B) when returning the inventory decrease
(C) the shipment cost are necessary to get the ivnentory so are capitalized
(D) the discount decrease both, the cost of inventory and the cash disbursements.
adjusted invoice nominal:
40,000- 800 = 39,200
the commercial terms state a 2% discount which the company received:
39,200 x 0.02 = 784
Human resource management tasks and responsibilities have developed largely as a result of two important factors: (1) firms' identification of workers as their ultimate resource and (2) changes in legislation that overturned many conventional practices.
Human resource management is mostly the practice of recruiting, hiring, the deployment, and managing personnel in a business. HRM is frequently abbreviated as "human resources" (HR).
HRM has changed dramatically over the previous two decades, making it an even more vital position in today's enterprises. HRM used to involve processing payroll, sending birthday presents to staff, organizing corporate trips, and ensuring forms were completely filled out, in other words, more of an administrative duty than a strategic position critical to the organization's success.
Therefore, human resource management duties and responsibilities have primarily evolved as a result of two key factors: (1) enterprises' identification of workers as their ultimate resource and (2) legislative developments that have reversed many traditional practices.
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