Refer to the table below. Calculate the U-3 unemployment rate if 10 employed people lose their jobs and immediately begin looking fornew jobs.Part-time employedfor economic reasonsFull time employedUnemployedDiscouraged22 million10.7%19.6%21.6%14.8 %78 million12 million4 million3 millionOther marginallyattachedNot in the Labor Force 30 million.

The U-three unemployment rate is calculated as the variety of unemployed individuals divided with…

Refer to the table below. Calculate the U-3 unemployment rate if 10 employed people lose their jobs and immediately begin looking for new jobs. Part-time employed 22 million for economic reasons Full time employed Unemployed Discouraged 78 million 12 million 4 million 3 million Other marginally attached Not in the Labor Force 30 million 10.7% 19.6% 21.6% 14.8 %

Refer to the table below. Calculate the U-3 unemployment rate if 10 employed people lose their jobs and immediately begin looking for new jobs. Part-time employed 22 million for economic reasons Full time employed Unemployed Discouraged 78 million 12 million 4 million 3 million Other marginally attached Not in the Labor Force 30 million 10.7% 19.6% 21.6% 14.8 %

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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