What is the relation between the unemployment rate and the proportion of unemployed workers who have been unemployed for 15 weeks or longer?
A)Both rise in recessions.
B)Both rise in expansions.
C)The unemployment rises in recessions but the proportion of unemployed workers who have been unemployed for 15 weeks or longer declines in recessions.
D)The unemployment falls in recessions but the proportion of unemployed workers who have been unemployed for 15 weeks or longer rises in recessions.

Question

Quizplus · Accepted Answer

During recessions, there is typically an increase in overall unemployment rates. This increase is often more severe for individuals who have been unemployed for 15 weeks or longer, as finding employment becomes increasingly difficult the longer one is out of work. Therefore, both unemployment rates and the proportion of unemployed workers who have been unemployed for 15 weeks or longer tend to rise during recessions.

What Is the Relation Between the Unemployment Rate and the Proportion