Homemakers are not included in the employment or labor force totals compiled in the BLS household survey.

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Homemakers are not included in the employment or labor force totals compiled in the BLS household survey. They are included in the working-age population totals. Suppose that homemakers were counted as employed and included in labor force statistics. How would that change affect the unemployment rate, the labor force participation rate, and the employment-population ratio?
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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