(1) What state of the business cycle is the economycurrently in? Is this influencing your career plans? (2)Have you ever been unemployed (at a time when youwere actively looking for work)? Which of the fourcategories of unemployment would you have fallenunder?

Q: The economy has part time workers of 20 million people, and full time workers of 140 million people.…

A: The unemployment rate is the percentage of people  in the labour force who are unemployed.  As a…

Q: 1. Why do you think so many Americans are not included in the unemployment rate?

A: The unemployment rate is a proportion of the level of the labor force that is as of now jobless and…

Q: (c) What is meant by zero unemployment? (d) Is 'zero unemployment' desirable? Explain

A: c) Full employment is a concept in which anyone who is willing and capable of working will find a…

Q: What is the business cycle?

A: Since you have posted multiple independent questions in the same request, we will solve the first…

Q: What aspects in your view is missing in the National Youth Policy 2020-2030 with regard to youth…

A: The National Youth Policy is an integrated and holistic sustainable development goal to provide…

Q: Sanaa recently left her job at a large corporation because she saw little chance for advancement.…

A: Sanaa left her job and finding a new job with his inbuilt skills.

Q: The table shows employment statistics for a fictional country. Use the information to answer the…

A: People who are actively looking for a job and willing and able to work, are considered unemployed.…

Q: In February 2020 the number of unemployed in the U.S. was 5.8 million and the unemployment rate was…

A: Given that there existed unemployment in Feb 2020 and there were vast majority of  people who remain…

Q: Table 22.4 Labor force participation rate Total population 16 years of age and okder 200 million…

A: Unemployment rate is the percentage of unemployed individuals in an economy.

Q: Suppose that 0.75 percent of the employed lose their jobs each month, and that 15 percent of the…

A: Seperation rate is the rate of losing the job. It is denoted by 's'  Finding rate is the new…

Q: What criteria does the BLS use to count someone as employed? As unemployed? Is a decrease in the…

A: The unemployment rate refers to a percentage share of unemployed people to the total labor force.

Q: When the economy is at full employment, is the unemployment rate at zero percent? Why or why not?…

A: By the unemployment rate, it can be understood that how many people are not getting the job while…

Q: 2.If, in the formal work sector, the unemployment rate is 20%, and the wage is $10/hour, what is the…

A: Answer -

Q: Cyclical unemployment is a short-term problem. What is its root cause? What is the preferred…

A: A person who actively seeks employment but is unable to do so is said to be unemployed. The level of…

Q: Figure 2.5 Unemployment in the adult civilian population, 2013 Unemployed (7.8%) 123 million Not in…

A: From the pie chart, the number of the unemployed people is 12.3 million The number of the employed…

Q: Use the table data below about this economy to answer the questions that follow regarding…

A: Unemloyment refers to a state at which a person who is actively looking for the work or job but are…

Q: 42 percent of all people working in the United States are baby boomers, how many were working in…

A: Total Population 155 million (Assuming) baby boomer (2008) = 42% of all worker retire after 10 years…