The following table defines some population and employment statistics for two countries.

-Refer to the table above.If coal mines across Sweet Country were closed suddenly,and most laid-off workers felt that their skills would not allow them to find new jobs,what is likely to happen?

Question

The following table defines some population and employment statistics for two countries.
 
-Refer to the table above.If coal mines across Sweet Country were closed suddenly,and most laid-off workers felt that their skills would not allow them to find new jobs,what is likely to happen?

Quizplus · Accepted Answer

If coal mines across Sweet Country were closed suddenly and most laid-off workers felt that their skills would not allow them to find new jobs, then there would be an increase in unemployment as these workers would become unemployed and compete for the existing jobs, leading to a rise in the unemployment rate. The labor participation rate may also decrease as some of these workers may give up seeking employment and drop out of the labor force. However, since the question only asks for the likely outcome on unemployment and labor participation rates, the correct answer is A) The unemployment rate would increase.

The Following Table Defines Some Population and Employment Statistics for Two