1) Demonstrate how the U.S. Unemploymet Rate is Calculated 2) Is this an accurate measure of actual unemployment? Why or Why not?

Yermo, California, has a labor force of 5,000 persons and employment of 4,100. The unemployment rate for the city is? (Please specify answer in percentage.  If answer is .06, then convert to percentage and enter 6.  NO NEEDT TO ENTER % OR PERCENT SIGN.  Convert answer by either moving decimal point two places to the right or multiplying by 100),

Discuss natural unemployment and the factors influencing its level.

a) What is the relationship of frictional, structural, seasonal and cyclical unemployment to the full-employment rate of unemployment (alternatively known as the natural rate of unemployment)? Discuss.

Why is it difficult to accurately measure the unemployment rate in the U.S.? Do you think the current unemployment rate is overstated, understated, or exactly right?

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Nuku has an unemployment rate of 11%. There are 11,045 people who are working or have work. How many people are in Nuku's labor force? Round to the nearest whole number.