Many economists view ________ as explaining most of the increase in the natural rate of unemployment in the U.S.from 1960 to 1980.

Question

Quizplus · Accepted Answer

The increase in the percentage of young workers in the labor force is a commonly cited explanation for the rise in the natural rate of unemployment during this time period. This is because young workers are more likely to be unemployed and to experience longer periods of unemployment as they search for stable employment.

Many Economists View ________ as Explaining Most of the Increase