If you hear that unemployment decreased by 2 percentage points to 6 %in the past year, while the labor force participation rate remained constant, it means:
A) on a net basis, 2 out of every 10 people lost their job in the last year.
B) on a net basis, 20 out of every 1,000 unemployed persons found a job in the last year.
C) on a net basis, 2 out of every 100 people lost their job in the past year.
D) on a net basis, 4 out of every 100 unemployed persons found a job in the last year.
Correct Answer:
Verified
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A)
Q33: If you hear that unemployment increased in
Q34: The labor force participation rate:
A) tells us
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Q36: The Bureau of Labor Statistics counts underemployed
Q38: If you hear that unemployment increased by
Q39: Sasha has a master's degree in writing,
Q40: Some people drop out of the labor
Q41: The labor demand curve:
A) shows the relationship
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