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If you do noy have a job are you necessarily unemployed?
Defining Unemployment (Key Concepts)- Employed
- Unemployed
- Labor Force
- Labor Force Participation Rate- add formulas to formula sheet
- Unemployment Rate- www.bls.gov
- Discouraged Workers
- Underemployed
Types of unemployment1. Frictional2. Structural3. Cyclical4. SeasonalEssential QuestionsHow do the natural and actual rate of unemployment differ?Who is and is not counted in the official unemployment rate?Helpful Websiteshttp://www.youtube.com/watch?v=hwWGzQ_FUtQ map of growing unemployment
Last Modified on August 15, 2017