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Macroeconomics Assignment - Unemployment Rate

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Added on  2020-03-23

Macroeconomics Assignment - Unemployment Rate

   Added on 2020-03-23

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Running head: MACROECONOMICSMacroeconomicsName of the StudentName of the UniversityAuthor note
Macroeconomics Assignment - Unemployment Rate_1
1MACROECONOMICSTable of ContentsIntroduction......................................................................................................................................2Article summary on unemployment rate.........................................................................................2Unemployment rate.....................................................................................................................2Unemployment among prime age group.....................................................................................3A more sobering measure for labor force participation rate........................................................4Conclusion.......................................................................................................................................5References........................................................................................................................................7
Macroeconomics Assignment - Unemployment Rate_2
2MACROECONOMICSIntroduction In an economy, unemployment rate refers to a situation where a fraction of the laborforces unable to find jobs suitable jobs for them. The paper gives a brief description about theexisting unemployment in United States. The related aspects of overall unemployment are labor-force participation rate, areas where labor trends are improving and underlying factors affectingoverall employment status in the economy. Article summary on unemployment rate Unemployment rateThe recent headline unemployment rate is recorded as 4.4% (bls.gov, 2017). Populationover the age of sixteen increased by 206 thousand and consequently labor force boosted by 77thousand. Employment on the other hand goes down by 74 thousand increasing theunemployment percentage.
Macroeconomics Assignment - Unemployment Rate_3

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