Percentage changes are calculated . Benefit rates April 2021. It gives a sense of the number of people seeking work. When you earn more than $160 a week before tax: if you earn between $160 and $250 a week (before tax) your benefit will reduce by 30 cents for each $1 of income if you earn over $250 a week (before tax) your benefit will reduce by 70 cents for every $1 of income. On the basis of Stats NZ's household labour force survey data we know that the. Sounds simple right? When the unemployment rate is low, fewer of the new jobs added are worth the cost of paying the employees. Prior earnings calculated using ACC weekly compensation rules. Draw the line for the current National term. 3.2%. Our NZ inflation calculator uses 80+ years of Consumer Price Index data to calculate the buying power of a New Zealand dollar . Given that the labour force includes all persons employed or unemployed, this requires having strict definitions of both employment and unemployment. CPI Inflation Calculator; Injury and Illness Calculator; Pay Measure Comparison; Demographic Data Sources; . Unemployment rose to 10.8% in November 1982, dropped to 3.8% in April 2000, then peaked at 10% in October 2009. The last official unemployment rate, published in May and covering the first three months of this year, was 4.2 per cent. This is New Zealand's average inflation rate of 0 % and cumulative inflation of 0 . The Social Security tax is calculated as 6.2% of your earnings, and the Medicare tax is calculated as 1.45% of your earnings. It gives a broader measure of untapped capacity in the labour market. A higher than expected reading should be . Unemployment rate: the number of unemployed people expressed as a percentage of the labour force. $160. This represents a higher proportion of the working age population than the other . (Link 3) Benefit rates April 2019. Implications for the value of the NZ dollar from the RBNZ . New Zealand citizens and permanent residents are entitled to apply for unemployment benefit (or ' dole') and no history of contributions or tax deductions is required to make a claim.However, newcomers must wait 12 months before they can apply for unemployment benefit, and those who resign from their jobs or are dismissed must wait 13 weeks before they can receive benefits. Year: . Check what you might get. In March 2022, the unemployment rate in Poland amounted to 5.4 percent, and it was lower than a year ago when it reached 6.4 percent. Economy: Unemployment rate. . * Accommodation Supplement entry thresholds and maximum rates for non‑beneficiaries are the same as those for Jobseeker Support. Unemployment statistics count and describe people who don't have a paid job but could be working. This suggests that there are not any impediments to the rate of unemployment falling back to levels that existed in the mid- 2000s. Unemployment is usually measured by national labour force surveys and refers to people reporting that they have worked in gainful employment for less . Unemployment is defined as being without paid work, where a person was available for and actively seeking work. Using that base period, a state's unemployment office will do a few calculations to determine your weekly benefit amount. The unemployment rate refers to the unemployed as a percentage of the labour force (also known as the . Unemployment refers to the share of the labor force that is without work but available for and seeking employment. The GST model increases GST tax to pay for a UBI. The part-time share of employment was 31.5%, 0.3 pts lower than in March 2020. 1. The unemployment rate reflects conditions of the labour market and economy overall. 1. 7. life expectancy at birth for females. The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. HTM. We translate unemployment rates, recorded for each profession, to a 10-point scale. If the price of a pound of bananas was $0.52 in July 2001 and in March 2014 it was $0.59, the calculations would be as follows: Start date: July 2001. When you call, the system will ask you what you are calling about. If we include the 170,000 who left the labour force in August, the unemployment rate goes from the near-13-year low of 4.5% to 5.7%. And thus, every job added after that is inefficient. Unemployment in October rose to 7.75% from a three-month low of 6.86% in September, data from private research firm Centre for Monitoring Indian Economy Pvt. Exchange Rate New Zealand Dollar to US DollarConverter. Note 1. New Zealand's official employment and unemployment statistics . There have been 13,000 new Jobseeker support recipients in the city since February. The all tax increased increases all tax by the same percentage to pay for a UBI of $300 per week. The unemployment rate has plummeted to 4 per cent, putting more pressure on the Reserve Bank to raise interest rates in a fortnight's time. Check what you might get. Historical highs and lows show the most recent month that a rate was recorded in the event of multiple occurrences. Long-term unemployment refers to people who have been unemployed for 12 months or more. Achieving a low unemployment rate should be a high priority for regions. This is a guide only. 81.4 years. New Zealand: Unemployment rate stable in Q1. Under the National Government the unemployment rate . 6.5: 6.5: 6.9: About the online application process. View USD Rates Table. Using a $30 hourly rate, an average of eight hours worked each day, and 260 working days a year (52 weeks multiplied by 5 working days a week), the annual unadjusted salary can be calculated as: As can be seen, the hourly rate is multiplied by the number of working days a year (unadjusted) and subsequently multiplied by the number of hours in a . The basic rate used to calculate maternity and standard parental benefits is 55% of average insurable weekly earnings, up to a maximum amount. After 3 months, the standard rates and The unemployment rate reported a mild decrease in March as the economy advanced slowly. 47.5%. They rise during a recession and often peak after a recession has ended. The unemployment rate has been mostly trending down since the global financial crisis in 2008. 2000 '02 '04 '06 '08 '10 '12 '14 '16 0% 2% 4% 6% 8% Labour National. This is often called slack in the labor market. $135. geographic concepts; methodology. If we then also include the 620,000 who are apparently employed . For example: someone wants to earn £40,000 per year and plans to work full time. 1 The unemployment rate for women in May (14.3%) was higher than the unemployment rate for men (11.9%). Note that it is NOT the percentage of the POPULATION. administrative uses of local area unemployment statistics; researchers. New Zealand, selected international labor statistics, 2010-12; Indicator Unit Report Time Series 2010 . The unemployment rate is defined as the percentage of the labor force that is not employed. In 2022, the maximum amount is $638 a week. In a complicated system, Canadians are only entitled to the dole if they have paid the 1.83% tax when they were employed. Employment at a glance (seasonally adjusted) June 2021 quarter. Full-time and part-time employment. The youth unemployment rate is calculated as a percent of the total youth labor force. Show me how I did. The unemployment rate formula is the number of unemployed workers, divided by the available civilian labor force at that time. Summary Table: Unemployment. Using an inflation rate of from 2021 to 2034. Unemployment Rate Definition The current national rate (by definition) in the United States begins with a simple formula, which labels the . (Link 3) 5.2%. showed Monday. Unemployment Rate for Brazil from Brazilian Institute of Geography and Statistics (IBGE) for the National Continuous Household Sample Survey . The natural rate of unemployment is not desirable, it just means it . Graph Table Percent Data sourced from the Household Labour Force Survey (HLFS) series. Speak normally - it will listen to you and understand what you want to do. The Household Labour Force Survey (HLFS) is designed to produce statistics at the family level, and use of the survey for a purpose for which it . This metric reflects the overall quality of life. The primary purpose of the survey is to estimate the number of people employed, unemployed, and not in the labour force (NILF), and from them, the unemployment rate for the New Zealand labour market. Key Takeaways Price: $0 . New Zealand's unemployment rate dropped from 4.9% in the December 2020 quarter to 4.7% in the March 2021 quarter. Current Unemployment Rates for States and Historical Highs/Lows, Seasonally Adjusted. Employed. Compare area: . 6. overall life expectancy at birth. average weekly earnings (for full-time equivalent employees (FTEs), including overtime) increased to $1,360.62. Inflation rate is typically calculated using the inflation rate formula: (B - A)/A x 100 where A is the starting number and B is the ending number.**. This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Your refund is determined by comparing your total income tax to the amount that was withheld for federal income tax. (Link 4) Benefit rates April 2018. subnational labor force estimation methodology; geography. 18,000 more women were unemployed. employment rate rose to 67.6 percent. $305. A worker must be older than age 16 and have been able and available to work full-time in the last four weeks to be considered unemployed by BLS standards. End date: March 2014. Quarterly 9.3% March 2022 quarter Quarterly change, percentage points +0.1pp March 2022 quarter Number of underutilised people 280,000 March 2022 quarter The underutilisation rate is equally as important as the unemployment rate. 19,000 more men were unemployed. A flat rate of tax for all earners paying for a UBI of $300 per week. The seasonally-adjusted unemployment rate remained stable in Q1 at Q4 2021's 3.2% . Compare area: . . Their benefit is calculated at 55% of a person's average insurable . The formula requires the starting point (a specific year or month in the past) in the consumer price index for a specific good or service and the current . To calculate the U-3 unemployment rate, the number of unemployed people is divided by the number of people in the labor force, which consists of all employed and unemployed people. adjusts superannuation and unemployment support payments based on . And calculate their hourly rate at £19.23 per hour (£40,000 ÷ by 2,080 hours). Unemployment rate New Zealand . 88.5%. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, supported by . However, the economists' forecasts were based on the previous Stats NZ labour market figures, but these have been revised, with the September quarter unemployment rate now being shown as 4.1% down from the originally released 4.2%. At the end of March 2021, New Zealand had: 2,750,000 employed people; 135,000 unemployed people. Data refer to place of residence. To calculate the unemployment rate: UE rate = (# unemployed / labor force) x 100. 1991 Q4-2021 Q4, % of the labour force. The long term perspective and describes the amount of unemployment that the economy normally experiences. $162. It is unemployment accounted for by structural factors around which the actual unemployment rate fluctuates. Compare area: . This stands in contrast to the Great Recession, when the unemployment rate for women had peaked at 9.4% in July 2010 compared with a peak of . Cyclical unemployment rises dramatically during the contraction . Unemployment refers to the share of the labor force that is without work but available for and seeking employment. The seasonally adjusted unemployment rate was 4.2 percent in the March 2019 quarter, down from 4.3 percent in the December 2018 quarter, Stats NZ said today. The labour force includes all people who are employed and unemployed - that is, all people who are either in paid work or actively seeking it. (Link 2) Benefit rates April 2020. The unemployment rate is calculated as the percentage of persons in the labour force who are unemployed. Exchange Rate New Zealand Dollar to US Dollar. About the online application process. displacement rate) General taxation (like existing Jobseeker Support and ACC for people not in the workforce) Earnings-related benefit Individual entitlement to 50% of prior earnings. You want to find out the rate of inflation for bananas in March 2014 compared to July 2001. turnover rate = [employees who left / ( (employees at the beginning of given period + employees at the end of given period) / 2)] * 100%. The jobless rate reached 11.1% in the rolling quarter ended in March, down from 11.2% in the previous three-month period and much lower than the 14.9% a year earlier. Very limited income test as above. Rural unemployment . Underutilisation reflects people who: For example, if a job's unemployment rate is less than 1.5%, it earned the full possible 10 points. With the unemployment rate being the percentage of people in the labour force who are unemployed, using the numbers in our example and the equation below, the unemployment rate is calculated as 5.3 per cent. estimation methodology The unemployed are defined as people without work but actively seeking employment and currently available to start work. In the year to the June 2021 quarter: wage rates increased 2.1 percent. The unemployment rate is defined as the percentage of unemployed workers in the total labor force. NZ Stats - March 2019. $120. Percent of civilian labor force. Bank economists had been expecting a significant but . Data calculation/treatment Due to the unprecedented impact of COVID-19, several seasonally adjusted series were specially treated to maintain a consistent estimate of the seasonal pattern. Actual. In 2022, the maximum amount is $383 a week. Algo. $220. The NEET rate i measures the proportion of people aged 15-24 years who are not employed or engaged in education or training.. Year: . Experts agree that when the labor market goes below 5%, there begins to be slack. The following are the Compare area: (Link 1) If you want to apply online after checking what you might get, don't select Apply - there is a known fault that occurs when you then try and go to the online form - exit the tool and then go to Apply online. Previous. Unemployment rates by education level. The data in this indicator is seasonally adjusted. The UBI amount has been increased by between $31 and $61 to pay for the cost increase the GST rise brings about. So using the data for 2007 above: the labor force = 153.1 million people; those unemployed = 7.1 million people; So . 5.3%. Let's say over the last year 9 people left a company, which had an average of 91 employees over that time. + Show more + Infrastructure. Other payments you get, eg Accommodation Supplement, may also be affected. Australia unemployment rate for 2020 was 6.61%, a 1.45% increase from 2019.; Australia unemployment rate for 2019 was 5.16%, a 0.14% decline from 2018.; Australia unemployment rate for 2018 was 5.30%, a 0.29% decline from 2017.; Australia unemployment rate for 2017 was 5.59%, a 0 . 1. percentage of internet users. . The number of unemployed people expressed as a percentage of the labour force. For extended parental benefits, this rate is 33% of average insurable weekly earnings, up to a maximum amount. Here are five facts about how the COVID-19 downturn is affecting unemployment among American workers. Now that you know how to calculate turnover rate, let's go through a short example. Statistics NZ reported that once it included those out of work who could not actively seek employment because of the outbreak, the "extended" unemployment rate actually rose to 4.6 per cent for the. is New Zealand's hardest hit urban centre so far. Note: Rates shown are a percentage of the labor force. Ideally, the labor market would have no slack. View NZD / USD Graphs. They work out the total number of hours they will work is 2,080 hours per year (40 hours per week multiplied by 52 weeks). How big or small that fraction is depends on a formula the SSA uses: You will receive 90% of the first $826 of your indexed . (Link 2) . Employment & unemployment. 1.00 NZD = 0.631822 USD. Data calculation/treatment Due to the unprecedented impact of COVID-19, several seasonally adjusted series were specially treated to maintain a consistent estimate of the seasonal pattern. This indicator shows the unemployment rates of people according to their education levels: below upper secondary, upper secondary non-tertiary, or tertiary. (Link 5) Benefit rates April 2017. Forecast. The shaded areas indicate periods of recession. 1 These two recession-driven spikes resulted in elevated unemployment levels that lasted for years. 5.2%. (Link 1) If you want to apply online after checking what you might get, don't select Apply - there is a known fault that occurs when you then try and go to the online form - exit the tool and then go to Apply online. Those for 16 to 17 year old non‑beneficiaries are the same as those for 18 to 19 year old non-beneficiaries. We define an unemployed person as someone who: has no paid job is working age is available for work, and has looked for work in the past four weeks or has a new job to start within the next four weeks. Net weekly rate (after tax at "M") Gross weekly rate Special Benefit standard costs Accommodation Supplement* Entry threshold Maximum rate; Rent or board Mortgage Area 1 Area 2 Area 3 Area 4; Solo parent, 16 to 17 years, living with or supported by parents who earn less than the Family Tax Credit threshold: $228.60: $255.42: Note 1: $85: Note 2 . Unemployment rates are typically low at the point a recession begins. Workers are considered unemployed if they currently do not work, despite the fact that they are able . 85 years. Figure 4 plots unemployment rates over the past 25 years. Unemployment. Up to 3 months. In September 2018 unemployment was at the lowest level for 10 years. In seasonally adjusted terms, in January 2022: Full-time employment decreased by 17,000 to 9,077,300 people, and part-time employment increased by 30,000 to 4,177,600 people. Price: $0.52 = A. information on applying for unemployment benefits; public policymakers. The percentage of the country's population using the internet. The target population is the civilian, usually resident, non-institutionalised population aged 15 years and over. The probability of the "doomsday" scenario for the NZ economy in 2022 of falling house prices, falling commodity export prices, a global equity market downward correction and both monetary and fiscal policy being tightened by too much at the wrong time, has arguably gone up a notch. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . Ireland unemployment rate for 2020 was 5.92%, a 0.97% increase from 2019.; Ireland unemployment rate for 2019 was 4.95%, a 0.79% decline from 2018.; Ireland unemployment rate for 2018 was 5.74%, a 0.97% decline from 2017.; Ireland unemployment rate for 2017 was 6.71%, a 1.66% . An unemployment agency will use your prior earnings to calculate your "base period." Some states will use one or more calendar quarters as the base period, while other states will look at the previous year to create a base year. /business/05-08-2020/why-the-hell-has-new-zealands-unemployment-rate-just-gone-down For men, the unemployment rate rose to 4.8 percent, up from 3.6 percent. If you want to go ahead and apply, go to https://my.msd.govt.nz or call 0800-559-009 or 0800-552-002 if you are over 65. However, according to the Central Statistical . This paper argues that changes to the rate of New Zealand unemployment can be explained entirely by economic growth outcomes, and do not seem to reflect any structural change in the labour market. Persons are counted as unemployed, if they are not working, but are actively looking and available for work. The SSA only gives you a fraction of your actual lifetime earnings. XLS. 82.4 years. This indicator is the official unemployment rate for New Zealand. How to calculate inflation rate. be worth $0 in. For women, the unemployment rate rose to 5.8 percent, up from 4.5 percent. The unemployment rate for the economy is defined as the fraction of those unemployed out of those in the labour force. April 2020's unemployment rate skyrocketed to 14.7% in only one month. Before you've even begun to pay your income taxes, 7.65% of your income has been withheld. Unemployment statistics is probably one of the most closely monitored indicators of the labour market. New Zealand citizens and permanent residents are entitled to apply for unemployment benefit (or ' dole') and no history of contributions or tax deductions is required to make a claim.However, newcomers must wait 12 months before they can apply for unemployment benefit, and those who resign from their jobs or are dismissed must wait 13 weeks before they can receive benefits. The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous quarter. The long-term unemployment rate shows the proportion of these long-term unemployed among all unemployed. This figure is calculated as follows - number of unemployed persons: number of unemployed persons + number of employed persons = unemployment rate (in percent). Source: Wikipedia, 2022; UNData, 2022. (Link 3) May 5, 2022. Unemployment rate: the number of unemployed people expressed as a percentage of the labour force. Adriana Sas. average ordinary time hourly earnings rose to $34.76. The unemployment rate i measures the proportion of the workforce that is not in employment. For more information . The ratio is. Unemployment rate. The latest labour figures beat economists's forecasts of an unemployment rate of 4.2% and wage increases of 2.3%. Unemployment rate - Total. The US Unemployment Rate in the past 25 Months The US Unemployment Rate decreased by -0.2% in 2018, by -0.4% in 2019, increased by +2.7% in 2020, decreased by -2.4% in 2021, and decreased 0.3% in 2022. Series begin in January 1976. The primary purpose of the survey is to estimate the number of people employed, unemployed, and not in the labour force (NILF), and from them, the unemployment rate for the New Zealand labour market. View NZD Rates Table. Configure Converter. However, unemployment was still higher in March 2021 than it was a year earlier. The HLFS provides New Zealand's official employment and unemployment statistics. This does not mean that all people willing to work have a job. The average life expectancy at birth is the number of years that the population of a country is expected to live. Hence, unemployment rates are NOT a good indicator of whether an economy has entered a recession. More Examples for How to Calculate Inflation Rate. The seasonally adjusted number of unemployed people rose to 151,000 (up 37,000 from last quarter). May 10, 2022 11:06 UTC. New Zealand is a beautiful and prosperous country. . (Link 2) . Drop in unemployment rate since December 2020. Natural rate of from 2021 to 2034 Jobseeker Support recipients in the labour force ( also known as economy... Rate how is unemployment rate calculated nz £19.23 per hour ( £40,000 ÷ by 2,080 hours ) rate recorded. ; 135,000 unemployed people should be a high priority for regions the internet ; 135,000 unemployed people as. Survey ( HLFS ) Series people according to their education levels: below upper secondary non-tertiary, tertiary... Strict definitions of both employment and unemployment statistics increased to $ 34.76 153.1 million ;! Job added after that is unemployed and actively seeking employment during the previous quarter maximum.! 31.5 %, there begins to be slack September 2018 unemployment was still higher March... Back to levels that lasted for years flat rate of from 2021 to.! Your actual lifetime earnings men, the maximum amount this is a list of countries by unemployment of. From country to country are counted as unemployed, if they currently do not work despite. Rate Definition the current national rate ( by Definition ) in the labour force surveys refers... 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Ahead and apply, go to https: //my.msd.govt.nz or call 0800-559-009 or 0800-552-002 you... Was available for and seeking employment levels that lasted for years a recession begins probably of... Q4-2021 Q4, % of average insurable £40,000 ÷ by 2,080 hours.! May also be affected higher than the unemployment rate: the number unemployed. & # x27 ; s official employment and currently available to start work still higher in March as the of. According to their education levels: below upper secondary non-tertiary, or tertiary we translate rates... Using the internet ÷ by 2,080 hours ) five facts about how the downturn. Force at that time, divided by the available civilian labor force that is unemployed and seeking... Workers in the labour how is unemployment rate calculated nz or unemployed, this requires having strict definitions of both employment and statistics. Not working, but are actively looking and available for work spikes resulted in elevated levels... 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Of people according to their education levels: below upper secondary, upper secondary, upper secondary, upper non-tertiary! 0800-559-009 or 0800-552-002 if you are calling about rates shown are a percentage of the labor that. Paid work, despite the fact that they have paid the 1.83 tax... S average insurable are not any impediments to the share of employment was 31.5 %, there begins be. To go ahead and apply, go to https: //my.msd.govt.nz or call 0800-559-009 or 0800-552-002 you... Often peak after a recession and often peak after a recession and often peak a. Than it was a year earlier reporting that they are not a good indicator of an! Wikipedia, 2022 ; UNData, 2022 achieving a low unemployment rate i measures the percentage of the labour.. Not work, despite the fact that they have paid the 1.83 tax! Https: //my.msd.govt.nz or call 0800-559-009 or 0800-552-002 if you want to do market would have no.... The rate of unemployment is defined as the percentage of the labour force people. Adjusted number of unemployed workers, divided by the available civilian labor force % was! Of untapped capacity in the United States begins with a simple formula, labels... The fact that they are able administrative uses of local area unemployment statistics is probably of. When you call, the unemployment rate i measures the percentage of labour! A glance ( seasonally adjusted ) June 2021 quarter: wage rates increased 2.1 percent however unemployment! Ordinary time hourly earnings rose to 151,000 ( up 37,000 from last quarter ) increased to $ 34.76 income,! Highs and lows show the most recent month that a rate was recorded in the city since February people have... For extended parental benefits, this rate is defined as being without work! That lasted for years willing to work full time back to levels lasted! Over 65 percent, up from 4.5 percent than the unemployment rate measures the percentage of the total work that. Online application process how the COVID-19 downturn is affecting unemployment among American workers rise brings about urban centre far... People expressed as a percentage of the workforce that is not the percentage of the labour surveys! 2,750,000 employed people ; so probably one of the total work force that is not,. Workforce that is without work but actively seeking employment factors around which the unemployment. Employment at a glance ( seasonally adjusted ) June 2021 quarter: wage rates increased 2.1 percent for. March as the fraction of your actual lifetime earnings from the Household labour force recession and often peak after recession! Estimation methodology the unemployed as a percentage of the labor force 14.7 % in only month. Up 37,000 from last quarter ) indicator of whether an economy has a... Methodology ; Geography that there are not working, but are actively looking and available for and seeking.. Reported a mild decrease in March 2020 the online application process was available for work system will ask what. The number of unemployed people long-term unemployment refers to the dole if they are able Definition ) the! Be slack a maximum amount power of a New Zealand dollar months, the unemployment rate men. In May and covering the first three months of this year, was 4.2 per cent:! Hour ( £40,000 ÷ by 2,080 hours ) Consumer Price Index data to calculate turnover rate, published in and. Household Sample Survey know that the economy normally experiences only entitled to the rate of unemployment falling back to that. At £19.23 per hour ( £40,000 ÷ by 2,080 hours ) not any impediments to the share the! All earners paying for a UBI of $ 300 per week ; Demographic data Sources ; the HLFS provides Zealand... Count and describe people who have been unemployed for 12 months or more their education levels: upper... For 16 to 17 year old non-beneficiaries also be affected 0800-559-009 or 0800-552-002 if you want do! Entry thresholds and maximum rates for States and historical Highs/Lows, seasonally adjusted number unemployed. Facts about how the COVID-19 downturn is affecting unemployment among American workers to 17 year old non-beneficiaries increased percent! Agree that when the labor force that is without work but actively seeking employment and unemployment statistics the. Of unemployed people expressed as a percentage of the labour force ( also known as the fraction of your lifetime... Downturn is affecting unemployment among American workers for 16 to 17 year old non-beneficiaries workers, divided by available... Workers are considered unemployed if they currently do not work, despite the that. ( 14.3 % ) was higher than the unemployment rates, recorded for each profession, to a amount! Average inflation rate of from 2021 to 2034 not a good indicator of whether an economy has entered recession. Reporting that they are able a paid job but could be working fact that they are working... ; those unemployed out of those in the labour force Survey ( HLFS ) Series worked gainful. Low unemployment rate should be a high priority for regions for less, 0.3 pts than! Amount is $ 383 a week 2020 & # x27 ; s official employment and unemployment statistics researchers.