Documents Unemployment 1. Identifying Unemployment Employed –People who work Unemployed –Not employed Want...

Slide 1Unemployment 1 Slide 2 Identifying Unemployment Employed –People who work Unemployed –Not employed Want to work Looking for a job Not in the labor force –Not…

Documents Chapter Unemployment 15. Unemployment “Natural rate” of unemployment – amount of unemployment....

Unemployment âNatural rateâ of unemployment amount of unemployment that the economy ânormallyâ experiences Average or trend rate over a longer period (years) of time…

Documents Unemployment

Identifying Unemployment How is unemployment measured? Employed People who work Unemployed Not employed Want to work Looking for a job Not in the labor force Not employed…