You are likely to hear or read about unemployment in the news. Maybe a member of your family is unemployed. How do we measure unemployment - who is and isn't counted as unemployed? This short module will help you understand how unemployment is measured by defining unemployment, determining who is employed and who is unemployed, and calculating the unemployment rate.
Throughout this module, FRED THE FRUGAL EAGLE® will introduce and explain a number of concepts using audio, videos, and graphs.