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Bureau of labor statistics divides everyone

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Consider the three categories into which the Bureau of Labor Statistics divides everyone. How does the BLS compute the labor force, the unemployment rate, and the labor-force participation rate?

Consider why frictional unemployment is inevitable. How might the government reduce the amount of frictional unemployment?

Consider why are minimum-wage laws a better explanation for structural unemployment among teenagers or among college graduates.

Reference no: EM131578070

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