Due to the slow down economy it is expected that there will, Ask an Expert

Economics

a) Calculate the unemployment rate when labor force is 154 million and number of unemployed is 14.6 million.

b) Due to the slow-down economy, it is expected that there will be 0.7 million additional workers who will lose their jobs next month. What is the expected unemployment rate for next month?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9294090

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