Macro 2.3 - Unemployment and Labor Force Statistics

[@eylul8950]

I’m an economics student in Turkey and I take mu courses in English. All I want to say is KZbin videos help me so much. Thank you very much for that. I hole that you would take videos like that more.

[@ReviewEcon]

Thank you for watching and good luck on the exams!!

[@deeksha51]

Hey! I am self-preparing for AP Microeconomics 2023. Are your videos and notes accompanied by games ample to get a 5?🤔

[@ReviewEcon]

The short answer is, I don't know. . I have examined every released AP macro frq and mc question and I've designed all of my resources to prepare students to answer as many of those questions as possible (though there are always curve balls and students must be able to apply the concepts to novel questions). That said, my resources run on the assumption that a student will have a teacher to answer questions and clarify as needed. I do not know to what extent my resources work for independent learning. I hope they would be enough, but I do not know. I wish you the best of luck on this year's exam!!

[@deeksha51]

Thanks for the help, sir

[@mooons9183]

heyy, does the civilian population in this case at 2:44, include everyone, even people younger than 16?

[@ReviewEcon]

The BLS uses this formula for the labor force participation rate: (Labor Force ÷ Civilian Noninstitutional Population) x 100 But some countries use the entire population while others use only working age citizens. That said, the AP exam has never required any distinction. Just take those working plus those looking and divide by whatever number they give you for the population (then times 100). I hope that helps!

[@mooons9183]

@@ReviewEcon thank you!!

[@simarhunjan4734]

i have midterm in 12 hours pls pray for me y'all 😭

[@ReviewEcon]

Good luck! 🙏🙏

[@fazilabdullateef-lo1cr]

Yo What’s Up

[@ReviewEcon]

What's up Fazil!! Good luck on your exams!