Macro: Unit 1.4 -- Unemployment

Published: 08 June 2017
on channel: You Will Love Economics

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Hey Everyone! I'm Mr. Willis, and You Will Love Economics!

In this video, I will:
Define frictional, structural, and cyclical of unemployment and identify important
characteristics that differentiate each
Identify the qualifications to be considered part of the labor force
Practice calculating the unemployment rate
Discuss flaws with the unemployment rate

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