Cigarettes and Alcohol

Media Type: Music Topic: The Business Cycle, Jobs & Unemployment

Oasis

Click here to listen to this song.

How does the government calculate the unemployment rate? If Liam Gallagher decides it is not “worth the aggravation to find yourself a job when there’s nothing worth looking for” how does this affect the unemployment rate? Is Liam classified as unemployed? Should he be? What is the number of discouraged workers in the US at the current time? Use www.bls.gov.

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