Punishing small-business owners with punitive tax legislation such as this will only increase the unemployment rate and extend the recession.
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She notes that each percentage point increase in the unemployment rate leads to a 1.1 million increase in the number of uninsured.
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Over past crises, the duration of the period of rising unemployment averaged nearly five years, with a mean increase in the unemployment rate of seven percentage points, which would bring the U.S. to double digits.
There also has been an increase in the unemployment rate to near 15%, and banks have virtually stopped lending as a result of the overall European credit crisis.
Greece had the greatest increase in its unemployment rate of all the European Union countries last year, climbing from 14.3% in December 2010 to 21% a year later, according to figures from Eurostat, the European Union statistics office.
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After controlling for population and the number of police officers in each county, the study found that a one percent point increase in the local unemployment rate leads to a 6.4 percentage point increase in the number of traffic tickets.
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Those of us over age 50 remember that the outbreak of inflation in the 1970s led to record high interest rates and a wrenching recession that saw a four percentage point increase in the unemployment rate and a tripling of the federal budget deficit between 1979 and 1982.
This could encourage workers to pass up potential job opportunities. (It could also encourage people to register as unemployed, without affecting underlying labour supply.) Most studies suggest that the extensions can be blamed for an increase in the unemployment rate of about a percentage point, although a new report from the Federal Reserve Bank of San Francisco says the effect is much smaller, just 0.4 percentage points.
"For a crash such as the one in the 1990s there would need to be a major recession--then there was a big increase in unemployment and interest rate rises at the same time, which forced many people to sell, " he said.
The Isle of Man has seen a 0.3% increase in the rate of unemployment, according to official Treasury figures.
The group also projects that reform could, among other things, lower the unemployment rate and increase the labor supply by reducing disability and absenteeism.
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Given these numbers, one would expect the unemployment rate to increase.
Not long ago this country was faced with several years in a row of declining federal tax revenues (both in absolute dollars and as a percent of GDP), simultaneous declines in GDP growth from over 5% to less than 1%, and a 50% increase in the rate of unemployment.
Expectations are for a modest 75, 000 increase in jobs, with the unemployment rate holding at 9.2%.
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The drop in the unemployment rate reflected an increase in employment, rather than people leaving the workforce.
By contrast, 3.2% growth implies at least modest, though still unacceptably slow, reductions in the unemployment rate and some increase in living standards.
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"The only way to decrease the unemployment rate is to increase the number of jobs, " said Republican Assemblyman Andy Goodell of Chautauqua County.
This will reduce the unemployment rate and cause an increase in government revenue as more people pay into the system.
Payroll employment rose significantly in March, and the unemployment rate remained constant despite a substantial increase in the labor force.
This will be the final step of a three-step increase enacted in the spring 2007, when the unemployment rate was 4.5%.
Some analysts expect that the drastic increase in these numbers could be attributed to the high unemployment rate, which currently is over 9%.
With an estimated 40% unemployment rate, Swaziland's need to increase the number and size of small and medium enterprises and attract foreign direct investment is acute.
As even conservative economists have said, the American Jobs Act would create nearly two million jobs, lower our unemployment rate by one full percentage point and increase our GDP by two percentage points.
Women saw an increase from 6% to 6.3% in their unemployment rate.
The Congressional Budget Office estimates that the rate of unemployment below which wage pressure will tend to increase inflation is 5.8%.
Jobs increase by an average of 1.3 million per annum while the unemployment rate drops 0.7 percent at its lowest point.
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He reckons that starting from current levels of volatility, eliminating the business cycle would increase average well-being by the equivalent of a fall in the unemployment rate of only 0.2 percentage points.
The impact on the Social Security system of a 1% rise in unemployment is far greater than that of a 1% increase in the inflation rate.
But when an economy experiences a significant increase in the rate of inflation, it nearly always ends up with an unemployment rate that goes along for the ride.
In economic news, the German unemployment rate rose sharply in January to 3.617 million, an increase of 342, 000 people from December, according to the country's Federal Labor Office.
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