| Summary: | 碩士 === 開南大學 === 商學院碩士班 === 107 === On September 15, 2008, the collapse of Lehman Brothers triggered a global financial crisis, which affected the worldwide economies in the subsequent years. The unemployment rate is one of the major economic indicators. For example, the United States Federal Reserve based its quantitative easing policy on U.S. unemployment rate as the primary reference indicator.
Among studies regarding unemployment, there have been less focused on “number of the employed who lost their jobs due to the financial crisis." Specifically, this study defines such phenomenon as "unemployment rate of employment (the unemployment rate of the previously employed) " and analyzes the relationships among employed and unemployed labor force, year, industry, education, age and unemployment rate of employment by PivotTable.
The study finds that first, the level of education and age are increasing in workplace, and the unemployment rate of employment of less-educated workers is higher, the unemployment rate of employment of younger workers is greatly affected by the economic bust, while the unemployment rate of employment of older workers declined slowly. Second, the financial crisis affected on electronic and utility industry seriously. In those two sectors, the unemployment rates of employment were higher than other industries in 2009, but their rates quickly declined in 2010. While the unemployment rate of employment of the financial sector and other service industries kept increased slightly in 2010, showing that the financial crisis has sustained its impact until 2010. Third, the unemployment rate of employment of less educated and under-35-years-old increased substantially in 2009 in every industry, while the unemployment rate of employment of college-educated and above-45-years-old declined slowly in 2010 in every industry.
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