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Hi everyone. I was curious to find out what the employment status of the posters here on Physics Forums and have attached a poll to go along with this.
StatGuy2000 said:Hi everyone. I was curious to find out what the employment status of the posters here on Physics Forums and have attached a poll to go along with this.
Curious3141 said:I voted (first option), but I have to ask: why are you asking?
StatGuy2000 said:Partly because I'm curious about how difficult it is for those who graduate with a STEM degree (physics in particular) to find employment (any kind of employment, not just in a STEM field).
StatGuy2000 said:Partly to satisfy my curiosity about those who post in the Career Guidance section of Physics Forums. Partly because I'm curious about how difficult it is for those who graduate with a STEM degree (physics in particular) to find employment (any kind of employment, not just in a STEM field).
The percentage of the population that is employed varies by country and can also change over time. According to the World Bank, the global employment rate was 57.8% in 2020. However, this number can be affected by factors such as population growth, economic fluctuations, and the types of jobs available.
The unemployment rate is the percentage of the labor force that is currently without a job. This number can also vary by country and over time. According to the International Labour Organization, the global unemployment rate was 5.4% in 2020. However, this number can be affected by factors such as the availability of jobs, education levels, and the structure of the economy.
Employment refers to having a job or being engaged in economic activity, while unemployment refers to not having a job but actively seeking employment. The labor force includes both employed and unemployed individuals, while those who are not in the labor force are not actively seeking employment, such as students, retirees, or homemakers.
The unemployment rate is one of the key indicators of the health of an economy. A high unemployment rate can indicate a weak economy, as it means there are fewer people contributing to the production of goods and services. This can lead to lower consumer spending, which can further impact economic growth. On the other hand, a low unemployment rate can indicate a strong economy, as it means there are more people working and contributing to economic growth.
The employment and unemployment rates are typically measured through surveys and statistical data. In many countries, the labor force survey is used to collect data on employment and unemployment. This survey asks individuals about their employment status, whether they are actively seeking employment, and their demographic information. The data is then used to calculate the employment and unemployment rates.