A high unemployment rate tells us that a large percentage of the labor force is unemployed but

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A high unemployment rate tells us that a large percentage of the labor force is unemployed but not why the unemployment rate is high. What unemployment measure tells us if (i) people are searching longer than usual to find a job,

(ii) more people are economic part-time workers, or (iii) more unemployed people are job losers?

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:02 PM

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A high unemployment rate tells us that a large percentage of the labor force is unemployed but

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i Duration of Unemployment Duration of unemployment measures how long people are searching for jobs ...View the full answer

Economics

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