Question
The labor force was fixed at 160 million there were 149.78 million employed workers at the beginning of the month, the average duration of employment
The labor force was fixed at 160 million there were 149.78 million employed workers at the beginning of the month, the average duration of employment was 29.41 months and the average duration of unemployment was 1.92 months.
What were the job loss rates, the job finding rate, and the natural rate of unemployment in April 2021?
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Principles of Economics
Authors: N. Gregory Mankiw
8th edition
1305585127, 978-1305971493, 978-1337516860, 1337516864, 978-0357539200, 978-1305585126
