What would be the measured unemployment rate
Question:
Suppose the population over age 16 is 160 million, the number of discouraged workers is 10 ml, the labor force is 110 ml and the total employment is 90 ml. What would be the measured unemployment rate?
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What condition would our economy be presently in and what type of stimulus and healthcare package would we be seeing if, by a silly quirk of fate:
The labor force is 110 ml and the total employment is 90 ml. What would be the measured unemployment rate?
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