People are classified as unemployed if they are not currently working at a job and if they
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People are classified as unemployed if they are not currently working at a job and if they made an effort to find a job during the past four weeks. Does this mean that there were no jobs available? Does it mean that there were no jobs available for which the unemployed workers were qualified? What does it mean?
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Classifying people as unemployed based on whether they are currently working and whether they made a...View the full answer
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Related Book For 
Macroeconomics Private And Public Choice
ISBN: 9780357134009
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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