Question

     cyclical unemployed. 80    population.                          3500    number of une

     cyclical unemployed. 80
   population.                          3500
   number of unemployed. 200
   structural unemployed.       50
number of employed.           2000

calculate the civilian labour force
calculate unemployment rate
calculate frictional unemployment rate
calculate natural unemployment rate

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Answer #1

1.Civilian labor force=employed + total unemployed ( all type)

=2000+50+200+80

=2,330

2.

total unemployed= cyclical + structural+unemployed

=80+200+50

=330

Unemployment rate=(unemployed \ LF)*100

=(330\2330)*100

=14.163 %

3.

Natural level of unemployed= actual - cyclical unemployed - unemployed

=330-80-200

=50

Natural = frictional+ structural

50=frictional+ 50

Frictional=50-50

=0

Frictional unemployed

Frictional unemployment rate

= (frictional unemployed\ LF)*100

=(0\2330)*100

=0%

4.

Natural level of unemployment rate= (natural\ LF)*100

=(50\2330)*100

=2.14%

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