Business, 20.02.2020 22:09 moneytt7508

The towns of Sawyer and Thatcher each have a labor force of 1500 people. In Sawyer, 200 people were unemployed for the entire year, while the rest of the labor force was employed continuously. In Thatcher, every member of the labor force was unemployed for 2 months and employed for 10 months. a. What is the average unemployment rate over the year in each of the two towns? b. What is the average duration of unemployment spells in each of the two towns? c. The costs of unemployment are higher in:

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The towns of Sawyer and Thatcher each have a labor force of 1500 people. In Sawyer, 200 people were...

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