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Labor Market

There are 10 videos in this category and 0 videos in 0 subcategories.

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Not Right For WatchKnowLearn
Ages: 14 - 18
1326 Views:
Women Working: What’s the Pill Got to Do With It?
From YouTube, produced by Marginal Revolution University
(05:46) At the turn of the century, it was rare for a woman to get a college degree or join, and stay in, the workforce. One trailblazer was Katherine McCormick. She was the second woman ever to graduate from MIT, a suffragist, advocate for women’s e... [more]
December 14, 2017 at 01:39 PM
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Not Right For WatchKnowLearn
Ages: 14 - 18
1325 Views:
Taxing Work
From YouTube, produced by Marginal Revolution University
For most people in developed countries, retirement comes down to a choice: weighing the costs and benefits of continuing to work vs. leisure. An important factor influencing an individual’s decision is their government’s tax and retirement policies. ... [more]
December 14, 2017 at 01:36 PM
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Not Right For WatchKnowLearn
Ages: 14 - 18
1303 Views:
Defining the Unemployment Rate
From YouTube, produced by Marginal Revolution University
How is unemployment defined in the United States? If someone has a job, they’re defined as “employed.” But does that mean that everyone without a job is unemployed? Not exactly. A minor without a job isn’t unemployed. Someone who has been incarce... [more]
December 14, 2017 at 01:12 PM
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Not Right For WatchKnowLearn
Ages: 14 - 18
1295 Views:
Frictional Unemployment
From YouTube, produced by Marginal Revolution University
Finding a job can be kind of like dating. When a new graduate enters the labor market, she may have the opportunity to enter into a long-term relationship with several companies that aren’t really a good fit. Maybe the pay is too low or the future op... [more]
December 14, 2017 at 01:21 PM
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Not Right For WatchKnowLearn
Ages: 14 - 18
1278 Views:
Cyclical Unemployment
From YouTube, produced by Marginal Revolution University
Unemployment rates ebb and flow with business cycle phases. We all saw this when unemployment rates increased in the United States during the 2008 recession. What we observed was called cyclical unemployment, and it usually accompanies slow economic ... [more]
December 14, 2017 at 01:28 PM
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Not Right For WatchKnowLearn
Ages: 14 - 18
1199 Views:
Labor Force Participation
From YouTube, produced by Marginal Revolution University
(07:14) The formula for the labor force participation rate is simple: labor force (unemployed + employed) / adult population, excluding people in the military or prison for both. The total labor force participation rate has grown significantly in t... [more]
December 14, 2017 at 01:33 PM
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Not Right For WatchKnowLearn
Ages: 14 - 18
1177 Views:
Sticky Wages
From YouTube, produced by Marginal Revolution University
(04:39) Imagine you’re an employer during a recession, and you desperately need to cut labor costs to keep your firm afloat. Are you more likely to cut wages across the board for all employees, or institute layoffs for only some? While it may seem ... [more]
December 18, 2017 at 01:04 PM
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Not Right For WatchKnowLearn
Ages: 14 - 18
1174 Views:
Is Unemployment Undercounted?
From YouTube, produced by Marginal Revolution University
(05:19) You may recall from our previous video that to be counted in the official unemployment rate in the U.S., you have to be an adult without a job and have actively looked for work within the past four weeks. That means that if someone has given ... [more]
December 14, 2017 at 01:19 PM
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Not Right For WatchKnowLearn
Ages: 14 - 18
1082 Views:
Structural Unemployment
From YouTube, produced by Marginal Revolution University
(09:15) Unemployment comes in many forms. Sometimes, like we saw with short-term, frictional unemployment, it can actually indicate a healthy, growing economy. But what about persistent, long-term unemployment? That’s not so good. When a large perc... [more]
December 14, 2017 at 01:25 PM
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Not Right For WatchKnowLearn
Ages: 14 - 18
980 Views:
Human Capital & Conditional Convergence
From YouTube, produced by Marginal Revolution University
(06:42) In our previous macroeconomics video, we said that the accumulation of physical capital only provides a temporary boost to economic growth. Does the same apply to human capital? To answer that, consider this: what happens to all new graduat... [more]
December 14, 2017 at 11:43 AM
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