Chapter 21: Problem 34
Is the higher unemployment rates for minority workers necessarily an indication of discrimination? What could be some other reasons for the higher unemployment rate?
Chapter 21: Problem 34
Is the higher unemployment rates for minority workers necessarily an indication of discrimination? What could be some other reasons for the higher unemployment rate?
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Get started for freeWhat forces create the natural rate of unemployment for an economy?
If you are out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greeter at Wal-Mart are you considered employed or not in the labor force?
Is a decrease in the unemployment rate necessarily a good thing for a nation? Explain.
Name and explain some of the reasons why wages are likely to be sticky, especially in downward adjustments.
Under what condition would a decrease in unemployment be bad for the economy?
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