How many workers lose the jobs each month

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Reference no: EM13244031

Assume an economy with steady-state unemployment. The separationrate is 2.5% per month and the finding rate is 47.5% per month. Theadult population is 120 million workers and the labor-forceparticipation is 2/3. How many workers lose their jobs each month.

Reference no: EM13244031

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