Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134744452
Author: PARKIN, Michael
Publisher: Pearson,
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Chapter 5, Problem 6SPA
To determine

Determine the possibility of unemployment if the labor market is working properly.

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Imagine someone is working part time but would like to be working full time, or working in a job that is not fully using the person’s skills. In your opinion is listing this person as employed a serious flaw in the way employment statistics are gathered and reported
The Big Employer Still Adding Jobs and Boosting Pay: The Government Summary: Something has vexed many of us regarding unemployment. Why, if corporations like Google, Apple, Meta, and countless other large corporations are laying off workers, how have our employment numbers been so strong? One reason, as a survey recently conveyed, hiring after the pandemic has been so difficult and expensive, even as the economy cooled, CEOs are not letting go of as many workers as they normally would. Second, the government is on a hiring spree and filling those back-logged positions. As companies are reducing their headcount, and unemployment benefits are no longer available for many workers, the government can hire for their difficult-to-fill positions. While unemployment is supposed to go down as the Fed raises interest rates, this employment market has been stubborn. It begs the question; what will the Fed have to do to finally slow hiring?
Hawaiian Airlines hires 100 workers, plans to add 170 more Hawaiian Airlines will hire more workers as it expands its fleet. The new hirings are a welcome sign for Hawaii's economy, which lost jobs during the year to May 2009 as the state's unemployment rate rose from 4% to 7%. The labor force was 602,000 in May 2009 and 622,600 in May 2008. Source: USA Today, August 18 Calculate the change in the number unemployed between May 2008 and May 2009. The number unemployed in May 2008 is The number unemployed in May 2009 is The change in the number unemployed between May 2008 and May 2009 is of Enter your answer in each of the answer boxes. MacBook Air DD F11 F12 000 000 F10 80 F8 F9 F6 F7 F5 F4 esc F2 F3 F1 & @ # $ ! 7 8 3 4 5 1 Y [ Q W E tab G H J K
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