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Answer to Question #162220 in Economics of Enterprise for ba

Question #162220

Describe what changes are happening in Econostan from 2016 to 2017. Is the labor market in


Econostan improving?



1
Expert's answer
2021-02-16T05:48:02-0500

labor force in 2016 was 275000 and it has decreased to 250000, which shows that the unemployment rate has fallen from 2016 to 2017, and 25000 people could not find jobs, which means the labor market in Econostan is not improving.


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