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Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 12
A Half-Year of Job Losses
For the first six months of 2008, the U.S. economy lost 438,000 jobs. The job losses in June were concentrated in manufacturing and construction, two sectors that have been badly battered in the recession.
a. Based on the news clip, what might be the main source of increased unemployment?
b. Based on the news clip, what might be the main type of increased unemployment
For the first six months of 2008, the U.S. economy lost 438,000 jobs. The job losses in June were concentrated in manufacturing and construction, two sectors that have been badly battered in the recession.
a. Based on the news clip, what might be the main source of increased unemployment?
b. Based on the news clip, what might be the main type of increased unemployment
Explanation
Verified
Verified
a.
Source of increasing employment:
Th...
Macroeconomics 11th Edition by Michael Parkin
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