Computing the unemployment rate from the labor force


Computing the unemployment rate from the labor force.

1) Illustrate why is the level of Investment unstable?

2) There are 6 million unemployed and the labor force is 107 million. What is the unemployment rate? What will the unemployment rate be if the unemployed increases to 7 million and 3 million individuals become discouraged workers?

 

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Business Economics: Computing the unemployment rate from the labor force
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