4 During August 2012, 80 people lost their jobs and didnt look for new ones, 20 people...

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4 During August 2012, 80 people lost their jobs and didn’t look for new ones, 20 people quit their jobs and retired, 150 unemployed people were hired, 50 people quit the workforce and 40 people joined the workforce to look for work. In July 2012, in the economy of Sandy Island, 10,000 people were employed, 1,000 were unemployed and 5,000 were economically inactive.

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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