Question
Suppose the unemployment last year was 3.7% and the labor force was 165 m people. The unemployment rate this month was 6.7%. If there was
Suppose the unemployment last year was 3.7% and the labor force was 165 m people.
The unemployment rate this month was 6.7%. If there was no change in the labor force, how
many more people are unemployed this month compared to last year? Now, suppose 4 million
people left the labor force since last year. What would the change in the number of unemployed
people be in that case?
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The Ethics Of The New Economy Restructuring And Beyond
Authors: Leo Groarke
1st Edition
1554586933, 9781554586936
