Chapter 8: Q 34 (page 215)
Is the higher unemployment rates for minority workers necessarily an indication of discrimination? What could be some other reasons for the higher unemployment rate?
Short Answer
No it is not necessary
Chapter 8: Q 34 (page 215)
Is the higher unemployment rates for minority workers necessarily an indication of discrimination? What could be some other reasons for the higher unemployment rate?
No it is not necessary
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Get started for freeWhy do you think that unemployment rates are lower for individuals with more education?
Beginning in the 1970s and continuing for three decades, women entered the U.S. labor force in a big way. If we assume that wages are sticky in a downward direction, but that around 1970 the demand for labor equaled the supply of labor at the current wage rate, what do you imagine happened to the wage rate, employment, and unemployment as a result of increased labor force participation?
Are U.S. unemployment rates distributed evenly across the population?
Using the definition of the unemployment rate, is an increase in the unemployment rate necessarily a bad thing for a nation?
Suppose the adult population over the age of 16 is 237.8 million and the labor force is 153.9 million (of whom 139.1 million are employed). How many people are “not in the labor force?” What are the proportions of employed, unemployed and not in the labor force in the population? Hint: Proportions are percentages
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