Dr. Smith on the Channel 6 news says, "The recent figures showing that the unemployment rate is lower this quarter than last quarter are a definite sign that our economy is coming out of the recession." Dr. Jones on the Channel 8 news says, "Recent figures showing that employment is lower this quarter than it was last quarter are a definite sign that our economy is still plunging deeper into the recession."
a.Is it possible for both unemployment and employment to fall at the same time? What factor could account for the observed phenomenon?
b.In light of your answer, what do you think about the health of the economy relative to last quarter?

Question

Quizplus · Accepted Answer

The Answer of Dr. Smith on the Channel 6 news says, "The recent figures showing that the unemployment rate is lower this quarter than last quarter are a definite sign that our economy is coming out of the recession." Dr. Jones on the Channel 8 news says, "Recent figures showing that employment is lower this quarter than it was last quarter are a definite sign that our economy is still plunging deeper into the recession."
a.Is it possible for both unemployment and employment to fall at the same time? What factor could account for the observed phenomenon?
b.In light of your answer, what do you think about the health of the economy relative to last quarter?

Dr Smith on the Channel 6 News Says, "The Recent