In 2014, 155.9 million workers were in the U.S. labor force, of which 9.6 million were unemployed.

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In 2014, 155.9 million workers were in the U.S. labor force, of which 9.6 million were unemployed. In view of these facts, how can economists say that labor is a scarce resource?

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Contemporary Labor Economics

ISBN: 978-1259290602

11th Edition

Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson

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Question Posted: Feb 17, 2020 06:16 AM

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In 2014, 155.9 million workers were in the U.S. labor force, of which 9.6 million were unemployed.

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Unemployment according to international labour organization means ...View the full answer

Contemporary Labor Economics

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