Which labour market statistic tends to rise during recessions and fall during expansions?
A)The employment- to- population ratio
B)The unemployment rate
C)The labour- force participation rate
D)Aggregate hours

Question

Quizplus · Accepted Answer

The unemployment rate tends to rise during recessions as more people lose jobs and fall during expansions as more people find employment.

Which Labour Market Statistic Tends to Rise During Recessions and Fall