In June 2020, the California unemployment rate reached 14.9% and has dropped down to 11.4% since August

Fantastic news! We've Found the answer you've been seeking!

Question:

In June 2020, the California unemployment rate reached 14.9% and has dropped down to 11.4% since August 2020. Manh economists have expressed that the rate drop is misleading. Explain the possibility of the method used to calculate unemployment leading to a decrease in the unemployment rate in the last couple of months. Provide the individuals that aren't included in the labor force which are potentially causing the rate to decrease.

Posted Date: Oct 10, 2021 05:53 PM

See More Questions

Calculate the unemployment rate and the labor force participation rate in the following cases: a. Employed: 100 million. Population: 200 million. In labor force: 110 million. b. Unemployed: 10...
Economists believe that the natural rate of unemployment changes over time, although they often have difficulty pinning down an exact estimate. Policymakers need to have an accurate assessment of the...
A 20-lb force F1 and a 40- lb·ft couple M1 are applied to corner E of the bent plate shown. If F1 and M1 are to be replaced with an equivalent force-couple system (F2, M2) at corner B and if...
South Sea Baubles has the following (incomplete) balance sheet and income statement. a. What is shareholders' equity in 2013 and 2014? b. What is net working capital in 2013 and 2014? c. What are...
What are some of the major provisions found in the bond indenture?
England Productions performs London shows. The average show sells 1,300 tickets at $60 per ticket. There are 150 shows a year. No additional shows can be held as the theater is also used by other...
Figure P28.20 shows a wire segment bent into a halfcircle, with the center of curvature labeled $P$. If the wire of which this segment is a part is extremely long and carries a current $I$, what...
The income statement for Tri-Con, Inc., for the year ended December 31, 2012, was as follows: Tri-Con, Inc. Income Statement (selected items) For the Year Ended December 31m 2012 Income from...
(a) NP and Co. has imported goods for US $ 7,00,000. The amount is payable after three months. The company has also exported goods for US $ 4,50,000 and this amount is receivable in two months. For...
Morton Corporation has the following full unit costs at a volume of 2,000 units: Direct materials $100.00 Direct labor 40.00 Variable manufacturing overhead 22.50 Variable selling expenses 12.50...
Prove the law of the latter The angles made with the plane of the interface are found from E.a, = |E|cos (90-0) 5=38 sin 0 0 = 54.2 E.az |E|cos (90-0) 2 =17 sin 0 0 = 29.0 A useful relation can be...
Explain what is meant by short selling. When is short selling profitable?
Discuss the differences between hedging and speculation with derivatives. Many corporations risk management divisions earn significant profits each year. What does this say about derivative use in...
Why might we expect firms with credit ratings in the middle of the spectrum to issue debt privately rather than publicly?
What is meant by triangular arbitrage? Is this likely to occur in real life? Explain.
Explain the difference between a domestic bond, a foreign bond and a Eurobond, and give an example of each.
Question 5 Mark and Julie are going to sell brownies and cookies for their third annual fundraiser bake sale. In one day, Mark can make 40 brownies or 20 cookies, and Julie can make 15 brownies or 15...
Name some of the various types of financial intermediaries described in the chapter and indicate the primary reason(s) each was created.
Define effective listening .
Explain four strategies for improving listening skills.
Define the following factors and explain how they affect listening: body factors, voice factors, proximity factors.

In June 2020, the California unemployment rate reached 14.9% and has dropped down to 11.4% since August

Question:

Expert Answer:

Unemployment rate is the number of unemployed people as a percentage of the number of people in the ... View the full answer

Students also viewed these accounting questions