1. Chapter 15 Unemployment

2. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 15-2 TABLE 15.1 Civilian Labor Force Participation, Employment, and Unemployment Rates in the United States (in percentages)

3. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 15-3 FIGURE 15.1 Labor Market Stocks and Flows: May 1993

4. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 15-4 TABLE 15.2 Sources of Unemployment, United States, Various Years

5. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 15-5 FIGURE 15.2 A Market with Full Employment Initially

6. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 15-6 FIGURE 15.3 Choice of Reservation Wage in a Model of Job Search

7. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 15-7 FIGURE 15.4 Weekly Unemployment Insurance Benefits as a Function of Previous Earnings

8. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 15-8 FIGURE 15.5 Structural Unemployment Due to Inflexible Wages and Costs of Adjustment

9. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 15-9 FIGURE 15.6 The Wage Curve

10. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 15-10 FIGURE 15.7 Imperfectly Experience-Rated Unemployment Insurance Tax Rates

11. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 15-11 TABLE 15.3 Unemployment Rates in 2000 by Demographic Group