Genetics is the study of genes, heredity, and genetic variation in living organisms. It is generally considered a field of biology, but it intersects frequently with many of the life sciences and is strongly linked with the study of information systems.
Many estimates suggest that the long-run normal level of the unemployment rate--the level that the unemployment rate would be expected to converge to in the next 5 to 6 years in the absence of shocks to the economy--is in a range between 4.5 and 6 percent.any estimates suggest that the long-run normal level of the unemployment rate--the level that the unemployment rate would be expected to converge to in the next 5 to 6 years in the absence of shocks to the economy--is in a range between 4.5 and 6 percent.
The Labor Department said Friday that the unemployment rate was unchanged at 5 percent in December. But what does that number really mean? Economists look past the main unemployment number (also known as the U-3 rate) to other indicators in the report that give a more nuanced view of the employment situation. On jobs days, the Bureau of Labor Statistics puts out a slew of figures, each of which measures a different part of the economy.