Last month 100 million people were in the labor force with 6 million being unemployed. 200,000 people lost their jobs last month and 300,000 found jobs. Distinguishing between stock measures and flow measures, the flow measures are

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Stock measures refer to the overall quantity or level at a specific point in time, such as the total number of people in the labor force or the total number of unemployed individuals. Flow measures, on the other hand, refer to changes in the stock measures over a specified period, such as the number of people who lost or found jobs during a month. Therefore, the flow measures in this scenario are the number of people who lost their jobs (200,000) and the number of people who found jobs (300,000).

Last Month 100 Million People Were in the Labor Force