1. In April 2021, the labor force was fixed at 160 million, there were 149.78 million employed workers at the beginning of the month, the average duration of employment was 29.41 months and the average duration of unemployment was 1.92 months.

1.1 (2 pts) What were the job loss rate, the job finding rate, and the natural rate of unemployment in April 2021? Job loss rate______________,

job finding rate____________, Natural rate of unemployment___________________

1.2 Find the number of employed, the number of unemployed, the unemployment rate, and the cyclical unemployment at the end of April 2021? Number of employed_______________, Number of unemployed_______________, Unemployment rate ________________, Cyclical unemployment_______________.

Answer rating: 100% (QA)

11 To find the job loss rate job finding rate and natural rate of unemployment Job loss rate Number ... View the full answer