It defines unemployed people as those who are willing and available to work, and who have actively sought work within the past four weeks. Those with temporary, part-time or full-time jobs are considered employed, as are those who perform at least 15 hours of unpaid family work.
Major HBR cases concerns on a whole industry, a whole organization or some part of organization; profitable or non-profitable organizations. To make a detailed case analysis, student should follow these steps: Case study method guide is provided to students which determine the aspects of problem needed to be considered while analyzing a case study.
It is very important to have a thorough reading and understanding of guidelines provided. However, poor guide reading will lead to misunderstanding of case and failure of analyses. It is recommended to read guidelines before and after reading the case to understand what is asked and how the questions are to be answered.
Therefore, in-depth understanding f case guidelines is very important. To have a complete understanding of the case, one should focus on case reading.
It is Unemployment analysis that case should be read two times.
Initially, fast reading without taking notes and underlines should be done. Initial reading is to get a rough idea of what information is provided for the analyses.
Then, a very careful reading should be done at second time reading of the case. This time, highlighting the important point and mark the necessary information provided in the case. In addition, the quantitative data in case, and its relations with other quantitative or qualitative variables should be given more importance.
Also, manipulating different data and combining with other information available will give a new insight. However, all of the information provided is not reliable and relevant. When having a fast reading, following points should be noted: Nature of organization Nature if industry in which organization operates.
External environment that is effecting organization Problems being faced by management Identification of communication strategies. Any relevant strategy that can be added. Control and out-of-control situations. When reading the case for second time, following points should be considered: Decisions needed to be made and the responsible Person to make decision.
Objectives of the organization and key players in this case. The compatibility of objectives.
Sources and constraints of organization from meeting its objectives. After reading the case and guidelines thoroughly, reader should go forward and start the analyses of the case. To make an appropriate case analyses, firstly, reader should mark the important problems that are happening in the organization.
There may be multiple problems that can be faced by any organization. Secondly, after identifying problems in the company, identify the most concerned and important problem that needed to be focused.
Firstly, the introduction is written. After having a clear idea of what is defined in the case, we deliver it to the reader.
It is better to start the introduction from any historical or social context. The challenging diagnosis for Unemployment and the management of information is needed to be provided.
However, introduction should not be longer than lines in a paragraph. As the most important objective is to convey the most important message for to the reader. After introduction, problem statement is defined.
However, the problem should be concisely define in no more than a paragraph. After defining the problems and constraints, analysis of the case study is begin. Pest analysis SWOT analysis helps the business to identify its strengths and weaknesses, as well as understanding of opportunity that can be availed and the threat that the company is facing.
In addition, it also identifies the weaknesses of the organization that will help to be eliminated and manage the threats that would catch the attention of the management. This strategy helps the company to make any strategy that would differentiate the company from competitors, so that the organization can compete successfully in the industry.3 Knotek updated Okun’s analysis, which covered the period, to and came to much the same conclusion.
Specifically, real output growth of about % is consistent with a stable unemployment rate. Published: Mon, 11 Dec Introduction. Unemployment is one of the growing problems in the western nations currently. UK too suffers from the very same persisting .
The time series on unemployment are used by the European Commission, other public institutions, and the media as an economic indicator; banks may use the data for business cycle analysis. Finally, the general public might also be interested in changes in unemployment. A summary of Unemployment in 's Measuring the Economy 2.
Learn exactly what happened in this chapter, scene, or section of Measuring the Economy 2 and what it means.
Perfect for acing essays, tests, and quizzes, as well as for writing lesson plans. Nov 15, · The unemployment rate has dropped below 4 percent for the first time in 18 years, and the truth of the matter is we have no idea how much further it can go. That's the silver lining for what is.
State unemployment rates, by race and ethnicity. Following is an overview of racial unemployment rates and racial unemployment rate gaps by .