CategoryNumber (in millions)
Unemployed 5.00
Unemployed more than 27 weeks 1.00
Fictionally unemployed 2.00
Cyclically unemployed 1.25
Discouraged workers 1.00
Workers who are part time but want full time work 3.00
Marginally attached workers 5.00
Employed 120
Population aged 16 and above 250
Total population 300
_________
What is the natural rate of unemployment?
_________
Calculate our measure of long-term unemployment.
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