Unemployment and the Labor Force-Ask FREDREDYouth Unemployment Rate for the United States Vintage: 2017-12-14Youth Unemployment Rate for France Vintage: 2017-12-14The accompanying graph depicts theyouth unemployment rate for the UnitedStates and France.3025︺ 201510199520002005201020152Source: World Banka. In 2009 what was the youth unemployment rate in the United States and in France?Round your answer to one place after the decimalUnited States:% France:

a.Unemployment and labor force:From the given graph, the approximate youth unemployment rate in 2009…

Answered: Unemployment and the Labor Force -Ask…

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 41CTQ: Unemployment rates have been higher in many European countries in recent decades than in the United...

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Similar questions

A country with a population of eight million adults has five million employed, 500,000 unemployed, and the rest 0f the adult population is out of the labor force. Whats the unemployment rate? What share of population is in the labor force? Sketch a pie chart that divides the adult population into these three groups.
If you an? out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greater at Wal-Mart are you considered employed or not in the labor force?
What is frictional unemployment? Give examples of frictional unemployment.
Whose unemployment rates are commonly higher in the U.S. economy: Whites or nonwhites? The young or the middle-aged? College graduates or high school graduates?
What is structural unemployment? Give examples of structural unemployment.
Many college students graduate from college before they have found a job. When graduates begin to look for a job, they are counted as what category of unemployed?
Is it desirable to eliminate natural unemployment? Why or why not? Hint: Think about what our economy would look like today and what assumptions would have to be met to have a zero rate of natural unemployment.
What happens to the unemployment rate when unemployed workers are reclassified as discouraged workers?
Do you think perfect indexing is possible? Why or why not?
What forces create the natural rate of unemployment for an economy?
Over the last century, during what periods was the U.S. inflation late highest and lowest?
What term describes the remaining level of unemployment that occurs even when the economy is healthy?

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