CHAP 6 Flashcards
1
Q
unemployment rate (UR ) formula
A
U /Q
u = total # of unemployment
Q = labor force
2
Q
not in Q
A
- discourage workers
anyone under 15
retired people
institutionalize people
home makers /volunters
unemployment rate (UR ) formula
U /Q
u = total # of unemployment
Q = labor force
not in Q
anyone under 15
retired people
institutionalize people
home makers /volunters