Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

During the course of a ​year, the labor force consists of the same

/in /by

Hello, Please explain.

During the course of a ​year, the labor force consists of the same

1,055 people. Of​ these,16 lack skills that employers desire and remain unemployed throughout the year. At the same​ time, every month during the​ year, 37 different people become​ unemployed, and 37 other people who were unemployed find jobs. There is no cyclical unemployment.

Calculate the frictional unemployment rate.

Thank you!

 
"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "Newclient"