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Unemployment
Essay specific features
Written by:
Marcus G
Date added:
November 28, 2016
Level:
University
Grade:
A
No of pages / words:
8 / 2067
Was viewed:
9783 times
Rating of current essay:
Essay content:
Michigan had a significantly large drop in jobs in the year 2008 between the months of August and September with a loss of 28,300. This comes out to be over 36% of the jobs lost during the year of 2008. That leaves there to be a total of 77,900 less jobs in the state of Michigan after a year.
The United States has an overall unemployment rate of 6...
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That doesn’t mean that 6.1 percent of the population is with out a job, it means 6.1% of the population that has the legal rights and ability to be employed is not working. That is just thrown in here to put in perspective how bad Michigan is with unemployment.
Frictional unemployment is something that occurs in the economy no matter the economical situation...
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