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QUESTION
Working age population- 20 million Workforce participation rate- 50% Full time employed- 7 million Part time employed - 2 million Structural and...
Working age population- 20 million
Workforce participation rate- 50%
Full time employed- 7 million
Part time employed - 2 million
Structural and Frictional unemployed - 0.4 million
Hidden unemployment - 0.2 million
The number of the workforce experiencing cyclical unemployment is :
A. 0.6 million
B. 2.4 million
C. 10 million
D. 10.6 million
Explain your answer
