Please answer 2 question.Your answer to each question must be at most 150 words Q#1. Homemakers are
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Please answer 2 question.Your answer toeach questionmust be at most 150 words
Q#1.Homemakers are not included in the employment or labor force totals compiled by the Bureau of Labor Statistics household survey. They are included in the working-age population totals. Suppose that homemakers were counted as employed and included in the labor force statistics. How would that change affect the following: (a) labor force; (b) labor force participation rate; (c) unemployment rate, and (d) the employment-population ratio?
#Q2:What advice would you give to someone who is frictionally unemployed? What advice would give someone who is structurally unemployed? What advice would you give someone who is cyclically unemployed?
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