Business, 08.03.2021 22:40 haleynicole351ovewbg

5. Unemployment Suppose in the town of Oxnard there are 132,000 individuals in the labor force and 124,872 of them are currently employed in February 2018. Assume that the current rate of job separation is 3.5 percent, while the rate of job finding is 20 percent. Assume that the total number of individuals in the labor force in Oxnard remain unchanged over time. a. What is the unemployment rate in Oxnard in February 2018? b. How many employed workers are expected to lose their jobs in February 2018? Round your answer to the nearest whole number. c. How many unemployed workers are expected to find jobs in February 2018? Round your answer to the nearest whole number. (d) Based on your answers in (b) and (c), what will the unemployment rate be at the beginning of March 2018?

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5. Unemployment Suppose in the town of Oxnard there are 132,000 individuals in the labor force and 1...

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