Economy, asked by ludwewayini, 6 months ago

Calculate the % of the unemployed base on the case study.?

Answers

Answered by mitalisarda

Answer:

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Answered by sakshi200736

Explanation:

To correctly establish a country’ unemployment rate, the total number of unemployed and total number of labor force must be accurately determined.

In the United States this duty falls on the Bureau of Labor Statistics (BLS).

The BLS conducts monthly surveys among 60,000 households by using a series of questions aimed at knowing the employment, unemployment and total labor force status per household.

Based on the data gathered from this Current Population Surveys (CPS), an estimate of the country’s unemployment, employment and total labor force is made.

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