Solved

-On December 31, 2008, on a Remote Northern Island There

Question 294

Multiple Choice

 Labor Market Flows  During 2009  Number of People  Hires and recalls 1,000 Job losers 500 Job leavers 300 Entrants 200 Reentrants 300 Withdraw als 300\begin{array}{l}\text { Labor Market Flows }\\\begin{array} { l c } \quad \text { During 2009 } & \text { Number of People } \\\hline \text { Hires and recalls } & 1,000 \\\text { Job losers } & 500 \\\text { Job leavers } & 300 \\\text { Entrants } & 200 \\\text { Reentrants } & 300 \\\text { Withdraw als } & 300\end{array}\end{array}
-On December 31, 2008, on a remote northern island there were 18,000 people employed, 2,000 people unemployed, and 5,000 people not in the labor force.The table above gives information taken from a labor survey on this island.The unemployment rate between December 2008 and December 2009


A) increases.
B) decreases.
C) increases then decreases.
D) does not change.
E) cannot be calculated without information about the working-age population.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents