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The unemployment rate and the labor force participation are two labor statistics that are used to analyze the economy. In each of the scenarios below, state the impact that the event will have of both the labor force participation rate and the unemployment rate. Explain your answers using the formulas to calculate labor force participation and the unemployment rate that were discussed in this unit.
a. A car manufacturing company goes bankrupt and is forced to lay off all of its workers. All the laid off workers believe that they do not have skills for a new job and do not look for new jobs.
b. College graduates begin to look for jobs just as a recession begins. Firms are not looking to hire college graduates but the new college graduates are actively looking for jobs.
c. The stock market crashes. As a result, workers who were close to the age of retirement delay retirement and continue to work.
d. As a result of more accessible healthcare, people are healthier and living longer lives.
e. As between the labor force participation rate and the unemployment rate, which statistic does a better job of explaining the health of the economy? Explain your answer.
If you've not noticed this yet, our textbook is terribly British in its orientation and outlook on life; this is clearly apparent in the very brief discussions about legal and regulatory compliance regimes that organizations must deal with.
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The patient was placed in the supine position on the operating roomtable, where her right hand and forearm were prepped with Betadine and draped in asterile fashion. We infiltrated the thenar crease area with 1% Xylocaine, and onceadequate anesthe..
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This essay is a short introduction to the importance of the triple bottom line. How does your company specifically address the triple bottom line?
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Q1. Calculate the process time for the Blood Test Step. Q2. Calculate the FTE and cycle time. Q3. Calculate Value Added and Non Value Added Time
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