Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

the labor force

/in /by

During the course of a​ year, the labor force consists of the same 856 people. Of​ these, 24 lack skills that employers desire and hence remain unemployed throughout the year. At the same​ time, every month during the​ year, 38 different people become​ unemployed, and 38 other different people who were unemployed find jobs. There is no cyclical unemployment.

a. Calculate the frictional unemployment. ________%

​(Enter your response as a percentage rounded to two decimal​ places).

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"