The figure below shows the labor market flows between June 1, 2023 and July 1, 2023: UE: 1.8 million 0.032 0.029 0.062 Employed: 161.9 million 0.052 Labor Market Flows, June to July 2023 EU: 1.5 million EN: 4.7 million NE: 5.1 million Unemployed: 6.4 million What proportion of employed workers in July weren't in the labor force in June? Not in the Labor Force: 98.6 million NU: 1.9 million UN: 1.5 million

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
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The figure below shows the labor market flows between June 1, 2023 and July 1,
2023:
UE: 1.8 million
0.032
0.029
0.062
Employed:
161.9 million
0.052
Labor Market Flows, June to July 2023
EU: 1.5 million
EN: 4.7 million
NE: 5.1 million
Unemployed:
6.4 million
What proportion of employed workers in July weren't in the labor force in June?
Not in the Labor Force:
98.6 million
NU: 1.9 million
UN: 1.5 million
Transcribed Image Text:The figure below shows the labor market flows between June 1, 2023 and July 1, 2023: UE: 1.8 million 0.032 0.029 0.062 Employed: 161.9 million 0.052 Labor Market Flows, June to July 2023 EU: 1.5 million EN: 4.7 million NE: 5.1 million Unemployed: 6.4 million What proportion of employed workers in July weren't in the labor force in June? Not in the Labor Force: 98.6 million NU: 1.9 million UN: 1.5 million
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