How many missing jobs (a FRED question): Suppose the U.S. unemployment  rate in the most recent month had been 10% instead of its actual value.  How many fewer people would have been working (assuming the labor  force remained the same)?

Q: What is the size of the labor force? million What is the official unemployment rate? %

A: The ‘unemployment’ of an economy is the part of the population which is actively finding jobs and…

Q: A person who has been fired is not considered unemployed? True or False

A: A person is said to be unemployed when he is able to work and is willing to work but not getting…

Q: Assume that in a country, the total labour force is 150,000 workers, and the total numbers of…

A: Here,  The total labor force is 150,000 workers. The total number of workers employed is 145,500

Q: Suppose employment is 139 million and unemployment is 9 million. Also, each month an average of 1.2…

A: Unemployment refers to a state at which the a person who is actively seeking for the work or job but…

Q: How many missing jobs (a FRED question): Suppose the U.S.unemployment rate int the most recent month…

A: A person is usually considered to be unemployed if they are making an effort to obtain job but have…

Q: In a country with a labor force of 200, a different group of 10 people becomes unemployed each month…

A: Unemployment refers to the state of being without a job but actively seeking employment. It is a…

Q: If there are 160,000 adults in the population of Hugo and 140,000 are working, what are the labor…

A: Labor force is the sum of people who are employed and unemployed.

Q: Which is better? To have eight people unemployed each for one month To have one person unemployed…

A: At the point when people do not have any work and are actively searching for work then they are said…

Q: All types of unemployment are natural except one, which is

A: Unemployment refers to a situation when people who look for job and are willing to work at  at the…

Q: What type of unemployment does each of the following represent? Explain your answers.

A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Suppose that the unemployment rate is 5%, the total working age population is 200 million, and the…

A: Unemployment rate = number of unemployed *100 / labor force  5 = 7.5*100/labor force  Labor force =…

Q: Suppose employment is 139 million and unemployment is 9 million. Also, each month an average of 1.2…

A: To find the average number of unemployed people per month, we need to first find the average inflow…

Q: The economy has part time workers of 20 million people, and full time workers of 130 million people.…

A: Unemployment is a persistent issue that arises when certain workers are unable to find employment in…

Q: Total Civilian Population= 340 million Employed Workers= 123 million  People not looking for work=…

A: The unemployment rate refers to the people who are willing to work and are actively looking for…

Q: Jake is a full-time worker. Today, he is fired from his job, and he suddenly decides to retire. Due…

A: Here, jr is given that that an lost his job and become unemployed, but at the same time, he decides…

Q: Find the relative change in unemployment from January 2005 to December of 2015.

A: Relative change in the unemployment rate from January 2005 to December 2015 can be calculated by…

Q: Imagine that during an expansion the U.S. economy adds 300,000 jobs. In addition, because of the…

A: The unemployment rate is the proportion of the labor force that is not currently employed but are…

Q: Is zero unemployment desirable? explain

A: >Unemployment can be categorized in three different ways: 1. Frictional Unemployment: This type…

Q: There are 64 unemployed people and 1,066 employed people. What is the unemployment rate? Enter a…

A: ANSThe Unemployment Rate is the % of the working-age population those who are without a job but are…

Q: Bell-land's unemployment rate is 7.2%. The ruler of Bell-land ( a wonderful, wise middle-aged woman…

A: Unemployment is a world wide problem. Basically it is generated due to low demand of labour in…

Q: Discuss how it is simultaneously possible for “most” unemployment to be due to short spells and for…

A: Unemployment refers to individuals who are employable and also seeking a job but are unable to find…

Q: Find the labor force, the working-age population, the number of employed workers, and the number of…

A: Unemployment rate is indicated to the percent(%) of the labor force who are jobless. It is a lagging…