Using Primary Research to Measure Unemployment
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From the Paper:"According to Bodden (2013, p.45), primary research consists of original data that is collected by a researcher. It is mainly used after an investigator has obtained understanding of an issue by reviewing secondary research or by analyzing previously collected primary information. An example is when the government wants to establish the level of satisfaction with its services with the public and issues questionnaires asking if people are happy or not and if not, their opinion on how best to improve government operations.
"The major advantages of primary research include the ability of the researcher to focus on both qualitative and quantitative issues. In addition, there is the benefit of controlling the research design to fit him researcher's needs. Control enhances the ability to monitor how the data is collected by determining several aspects such as size, period and the goal of the project (Lindzey 1965, p.44).
"Amongst the disadvantages, include the cost of obtaining primary data. Compared to secondary data that is readily available, primary data is related to traveling costs and other costs related to production of data collection materials. Further, obtaining the data requires the execution of a research plan. The execution takes time to implement to the extent that it may be outdated by the time it completes. Finally, the researcher does not have the assurance of obtaining the required response rate. As a rule of thumb, researchers are always pessimistic and expect a low response rate (Lindzey 1965, p.44).
Employment is defined as the act of having paid work, a person's profession, or the action of giving someone work. Alternatively, unemployment occurs when someone who actively searches for employment is unable to locate a place to work. The rate of unemployment is used to measure the health status of the economy. To be classified as unemployed, two criteria is used. First, someone must have no work, and they must have been actively searching for work. Those who have no work and have not been actively seeking are considered to be out of the labor force. They include people who do not desire employment. People who are out of employment normally, have the desire to look for work that is signaled by efforts to find employment for the past one year. However, those out of the labor force have given up since they believe there are no jobs available. They can also be referred to as discouraged workers (Pigou 1914, p.33)."
Sample of Sources Used:
- Director, A. 1932. Unemployment,. Chicago: American library Association.
- Frenkel, J. 1988. International aspects of fiscal policies. Chicago: University of Chicago Press.
- Frenkel, J., & Razin, A. (1992). Fiscal policies and the world economy (2nd ed.). Cambridge, Mass.: MIT Press.
- Healey, J. 2004. Unemployment. Thirroul, N.S.W.: Spinney Press.
- Lawrence, F. 1922. Unemployment,. London: H. Milford, Oxford University Press
Cite this Research Paper:
Using Primary Research to Measure Unemployment (2015, August 31) Retrieved August 09, 2020, from https://www.academon.com/research-paper/using-primary-research-to-measure-unemployment-154211/
"Using Primary Research to Measure Unemployment" 31 August 2015. Web. 09 August. 2020. <https://www.academon.com/research-paper/using-primary-research-to-measure-unemployment-154211/>