During the month of May, 300,000 workers moved from being classified as "unemployed" to being classified as "employed." As a result,
A)the unemployment rate rose.
B)the labour force participation rate fell.
C)the unemployment rate fell.
D)the labour force participation rate rose.
E)the employment population ratio fell.

Question

Quizplus · Accepted Answer

The movement of 300,000 workers from being classified as "unemployed" to being classified as "employed" means that the number of unemployed individuals has decreased while the number of employed individuals has increased, leading to a reduction in the unemployment rate. Therefore, choice C is the best answer.

During the Month of May, 300,000 Workers Moved from Being