Business, 15.04.2020 21:49 buciuceanu8740

In March, 2006 the labor department of the country of Jobland determined that the size of the labor force was 102 million out of which 94 million were employed. In May 2006, the labor department determined that 1.0 million people became "discouraged workers" in April. Assuming that no new jobs were created between March and April, calculate the unemployment rate for March and April. Jobland unemployment rate in March = nothing percent. (Enter your response rounded to one decimal place.) Jobland unemployment rate in April = nothing percent. (Enter your response rounded to one decimal place.)

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In March, 2006 the labor department of the country of Jobland determined that the size of the labor...

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