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Suppose There Are 10 Million Unemployed Out of a Labor

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Suppose there are 10 million unemployed out of a labor force of 100 million. This means an unemployment rate of 10/100 = .10, or 10 percent. Recalcuate the unemployment rate if 1 million previously discouraged workers re-enter the workforce and start looking for work but don't immediately find employment.

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Definitions:

School-Age Children

Children in the age group typically attending elementary or primary school, usually between the ages of 5 and 12.

Young Adults

Individuals in the late adolescent to early adult stage of life, typically considered to range from the late teens to the early thirties, facing unique developmental challenges and opportunities.

Person-Situation Debate

A discourse in psychology that questions whether behavior is primarily influenced by personality traits or situational factors.

Walter Mischel

An American psychologist known for his research on personality and his critique of the idea that behavior is consistent across different situations.

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