Tony has just graduated from college and has now applied for a full time position where he is currently working part-time. This causes the unemployment rate to ________ and the labor-force participation rate to ________.
A) increase; decrease
B) stay the same; stay the same
C) increase; increase
D) increase; stay the same

Question

Quizplus · Accepted Answer

Tony is already part of the labor force because he is working part-time and seeking a full-time position does not change his status in the labor force or the unemployment rate.

Tony Has Just Graduated from College and Has Now Applied