Author Question: In June there are 30,000 people classified as unemployed and the size of the labor force is 600,000. ... (Read 38 times)

Melani1276 · **on:** Apr 19, 2019

Question 1

Discouraged workers are

◦ considered cyclically unemployed.
◦ considered structurally unemployed.
◦ considered frictionally unemployed.
◦ not considered as part of the labor force.

Question 2

In June there are 30,000 people classified as unemployed and the size of the labor force is 600,000. The only change between June and July is that 10,000 of the unemployed give up looking for work. Which of the following is
true?

◦ In June the unemployment rate was 6% and in July the unemployment rate was 3.8%.
◦ The unemployment rate in both June and July was 5%.
◦ In June the unemployment rate was 5% and in July the unemployment rate was 3.39%.
◦ In June the unemployment rate was 3.8% and in July the unemployment rate was 6%.

ladyjames123 · **Reply #1 on:** Apr 19, 2019

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