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Economics

Employment and unemployment measures

Interpret US labor market indicators and recognize what each one leaves out.

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Where this chapter sits in the course

Lessons

Chapter 12 of 18 · 6 short lessons · 25 min
  1. 1Labor force status4 min
  2. 2Unemployment rate4 min
  3. 3Labor force participation4 min
  4. 4Types of unemployment3 min
  5. 5Underemployment and broader indicators4 min
  6. 6Challenge: Employment and unemployment measures6 min

What you'll learn

  • Calculate unemployment and participation rates
  • Distinguish types of unemployment
  • Interpret broader measures of labor underuse

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