Why is there a lag between the end of a recession and the peak in the unemployment rate?
A) Workers would rather draw unemployment than return to work.
B) The first workers recalled are continuing to work part time and when they return to full time employment it does not change the number of people employed.
C) Reemployment is not recognized until later because of the way data are collected.
D) The company has a hard time finding new employees.
Correct Answer:
Verified
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