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Author Question: Suppose 180,000 people are employed, 20,000 people are unemployed, the working-age population is ... (Read 137 times)

CORALGRILL2014

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Question 1

How would the unemployment rate and the labor force participation rate change if discouraged workers were counted as unemployed rather than counted as out of the labor force? Show using the formula for both measurements.



Question 2

Suppose 180,000 people are employed, 20,000 people are unemployed, the working-age population is 250,000, and 50,000 people are out of the labor force. Calculate the unemployment rate.



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Marked as best answer by CORALGRILL2014 on Mar 16, 2019

katheyjon

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