Which of the following is TRUE regarding the labor force participation rate?
I. The labor force participation rate has risen since 1961.
II. Adding the labor force participation rate plus the unemployment rate equals the employment- to- population ratio.
A) I only
B) II only
C) both I and II
D) neither I nor II

Question

Quizplus · Accepted Answer

Statement I is true as the labor force participation rate has increased since 1961. Statement II is false as adding the labor force participation rate and the unemployment rate does not equal the employment-to-population ratio, which is calculated as the number of employed individuals divided by the total adult population.

Which of the Following Is TRUE Regarding the Labor Force