Assertion: unemployment | /r/HasProperty | high
Facets:
value: relatively
type: DEGREE
value: during recessions
type: TEMPORAL
value: in the early stages of recoveries
type: TEMPORAL
Source sentences:
text: Mid-level jobs are the most difficult to find when unemployment is high.
text: When unemployment is high, mid-level jobs are the most difficult to find, while minimum-wage jobs are always plentiful but are not profitable and are therefore not considered gainful employment for the majority of the work force.
text: If we use wage inflation, or the rate of change in wages, as a proxy for inflation in the economy, when unemployment is high, the number of people looking for work significantly exceeds the number of jobs available.
text: However, when demand for labor is low, and unemployment is high, workers are reluctant to accept lower wages than the prevailing rate, and as a result, wage rates fall very slowly.﻿﻿
text: Benefits automatically increase when unemployment is high and fall when unemployment is low, smoothing the business cycle; however, others claim that the taxation necessary to support this system serves to decrease employment.[citation needed]
text: When unemployment is high during recessions and in the early stages of recoveries, the federal government has historically funded additional weeks of emergency benefits for workers who have exhausted their regular state-provided UI benefits.
text: Funds for state benefits come from unemployment compensation taxes paid by employers; the federal government pays additional benefits when unemployment is high.
text: So when GDP growth is small (or negative) unemployment is high.
text: The central bank tends to lower rates when unemployment is relatively high and raise them when it believes the economy is at full employment and wages are beginning to go up.