Labour force 100 million seperation rate 2%/pm job finding 38%/pm (Per month = pm)   in steady state how many workers are employed and unemployed, and are more workers losing jobs than those finding new ones

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
Section6.1: Measuring The Price Level
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Labour force 100 million

seperation rate 2%/pm

job finding 38%/pm

(Per month = pm)

 

in steady state how many workers are employed and unemployed, and are more workers losing jobs than those finding new ones

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