Hits: 0Unemployment and Recession Assignment Please review the topic calledIntroduction to Economic Growth and Instabilitya. Explain in detail, how the unemployment rate is calculated.b. Explain in detail, how we define the employed, theunemployed, and who is in the labor force?i. The link BLS website should help –http://www.bls.gov/news.release/empsit.t15.htmc. List and explain the various unemployment rates used...