Mike has been unemployed for over a year.He hasn't looked for a job in the last three months, but he's just started looking for work again.Because Mike started looking for a new job,
A)the unemployment rate increased.
B)the labour force participation rate decreased.
C)the unemployment rate decreased.
D)the working-age population increased.
E)the employment population ratio has decreased.

Question

Quizplus · Accepted Answer

When Mike started looking for a job again, he became part of the labor force, which increases the number of people counted as unemployed if he hasn't found a job yet, thus increasing the unemployment rate.

Mike Has Been Unemployed for Over a Year