Question: Ch 07: Homework Part 1 (4 points) 33% 10/08/23 SCORE jared.frausto@sjsu.edu Let's use some real data to compare labor markets during the Great Recession

Ch 07: Homework Part 1 (4 points) 33% 10/08/23 SCORE jared.frausto@sjsu.edu Let's use some real data to compare labor markets during the Great Recession and the COVID-19 recession. The table below reports various labor market indicators for the third month of each recession (all numbers are in 1,000s). Use the data in the table to answer the questions that follow. Labor force Employment Marginally attached workers Work-eligible population February 2008 153,653 146,156 1,721 232,995 Use the data in the table to complete the table below (round your answer to one decimal): April 2020 156,481 133,403 2,211 259,896 February 2008 April 2020 Unemployment Rate (a) % (b) % Labor Force Participation Rate (c) % (d) % 18 OF 30 QUESTIONS COMPLETED

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