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During the course of a ​year, the labor force consists of the same

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Hello, Please explain.

During the course of a ​year, the labor force consists of the same

1,055 people. Of​ these,16 lack skills that employers desire and remain unemployed throughout the year. At the same​ time, every month during the​ year, 37 different people become​ unemployed, and 37 other people who were unemployed find jobs. There is no cyclical unemployment.

Calculate the frictional unemployment rate.

Thank you!

 
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