Which of the following statements is FALSE for the United States?
A)most of the unemployed remain unemployed for more than half a year
B)a significant amount of the turnover rate in the labor market is cyclical
C)variations in unemployment rates across groups defined by age, race, and gender tend to be large
D)almost 50 percent of the unemployed find a job in less than 14 weeks
E)many jobs were permanently eliminated in the 1990s, so the search for new employment took longer than it had in the past

Question

Quizplus · Accepted Answer

The statement that most of the unemployed remain unemployed for more than half a year is false. According to recent data, about 50 percent of the unemployed find a job in less than 14 weeks.

Which of the Following Statements Is FALSE for the United