GDP measures total value of goods and services produced annually. Nominal GDP adjusts to US dollars, PPP compares living costs across countries. CPI tracks inflation through weighted average of vital goods and services. Unemployment rate indicates percentage of labor market without jobs
Underemployment measures people working in low-skill, low-paying jobs. Visible underemployment involves working fewer hours than full-time. Invisible underemployment occurs when individuals cannot find suitable jobs. Third type includes discouraged workers who haven't looked in four weeks
WHO and World Bank report estimates one-billion people with disabilities worldwide. Nearly two-hundred million people face significant functional difficulties. Prevalence is rising due to aging populations and chronic health conditions
Economic indicators are statistics about economic activity. They enable analysis of performance and future predictions. Leading indicators change before overall economy
GDP grew 1.68% annually from 1961 to 2023. Total GDP reached 4617 billion USD in 2023. GDP per capita was 33,834.39 billion USD in 2023. GDP per hour worked index reached 58.36 in 2022
Associate degrees typically take 2 years to complete with 60 credits. Associate degree holders earn 16.7% more than high school graduates. Unemployment rate for associate degree holders is 7.1%, compared to 9.0% for high school graduates