Answer:
Explanation:
125, the rate of job findings is 0. 56, then the fraction of employed workers who lose their jobs each month must be.
The fraction of the employed workers who lost jobs at the end of each month should be 0.08
The unemployment is the situation in the working environment which shows the number of educated candidates who are still ideal and does not possess any job.
Computation:
[tex]\begin{aligned}\text{Rate}&=\dfrac{\text{f}\times\text{Um}}{( 1-\text{Um})}\\\\& = \dfrac{0.125\times( 0.56)}{( 1- 0.125 )} \\\\& = 0.08\end{aligned}[/tex]
were,
f is rate of job finding
Um is the unemployment rate
Therefore, the rate of job separation is 0.08
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