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cyanbat564Lv1
28 Sep 2019
There are 440,000 people residing in Riverside. Among them, 80% of the population is the civilian labor force. 15% of the civilian labor force lost their jobs because their job skills are not required any longer. 30% of civilian workers are unemployed because the current wage is fixed at a very high rate.
Classify the civilian labor force in Riverside into one of the following unemployment types: structural and frictional unemployment and explain why
There are 440,000 people residing in Riverside. Among them, 80% of the population is the civilian labor force. 15% of the civilian labor force lost their jobs because their job skills are not required any longer. 30% of civilian workers are unemployed because the current wage is fixed at a very high rate.
Classify the civilian labor force in Riverside into one of the following unemployment types: structural and frictional unemployment and explain why
Paramjeet ChawlaLv8
28 Sep 2019