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1 + Employment 163.8 million 3.5 4.9 2.4 5.3 5.1 Out of the Unemployment labor force 7.0 million 2.8 88.4 millionX Concept Question 7.1.3 The

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+ Employment 163.8 million 3.5 4.9 2.4 5.3 5.1 Out of the Unemployment labor force 7.0 million 2.8 88.4 millionX Concept Question 7.1.3 The figure on the right shows the average monthly flows (in millions) + between employment, unemployment, and non-participation for a hypothetical economy. If 3.0 million workers change jobs every month, total monthly separations in this economy are 9.1 million. (Round your response to one decimal Employment 145.5 million place.) According to the figure, the average monthly flow out of unemployment each month is 6.3 million. (Round your response to one decimal place.) 3.8 4.6 2.2 2.3 In this economy in an average month, the proportion of unemployed leaving unemployment is 65.6 %. (Round your response to one decimal 3.5 Out of the place.) Unemployment labor force 9.6 million 4.1 90.1 million

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