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The table gives information about the labor force in the economy of Sandy Island. Calculate the change in the unemployment rate from July 2020 to August 2020. The unemployment rate in April 2020 is >>> Answer to 1 decimal place. percent. -... Labor Market Data In April 2020 Employed Unemployed During May 2020 Lost jobs and didn't look for new ones Quit jobs and retired 20,000 1,000 Looked for work and were hired Discouraged workers 100 30 ༄88¥ 120 40 New graduates looking for work 40

The table gives information about the labor force in the economy of Sandy Island. Calculate the change in the unemployment rate from July 2020 to August 2020. The unemployment rate in April 2020 is >>> Answer to 1 decimal place. percent. -... Labor Market Data In April 2020 Employed Unemployed During May 2020 Lost jobs and didn't look for new ones Quit jobs and retired 20,000 1,000 Looked for work and were hired Discouraged workers 100 30 ༄88¥ 120 40 New graduates looking for work 40

Exploring Economics
Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 7P
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The table gives information about the labor force in the economy of Sandy Island. Calculate the change in the unemployment rate from July 2020 to August 2020. The unemployment rate in April 2020 is >>> Answer to 1 decimal place. percent. -... Labor Market Data In April 2020 Employed Unemployed During May 2020 Lost jobs and didn't look for new ones Quit jobs and retired 20,000 1,000 Looked for work and were hired Discouraged workers 100 30 ༄88¥ 120 40 New graduates looking for work 40
Transcribed Image Text:The table gives information about the labor force in the economy of Sandy Island. Calculate the change in the unemployment rate from July 2020 to August 2020. The unemployment rate in April 2020 is >>> Answer to 1 decimal place. percent. -... Labor Market Data In April 2020 Employed Unemployed During May 2020 Lost jobs and didn't look for new ones Quit jobs and retired 20,000 1,000 Looked for work and were hired Discouraged workers 100 30 ༄88¥ 120 40 New graduates looking for work 40
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