As the average age of the labour force increased from the end of the 1970s to the end of the 1990s,the natural rate of unemployment:
A) increased.
B) decreased.
C) was unaffected.
D) was unpredictable.

Question

Quizplus · Accepted Answer

As the average age of the labor force increases, the natural rate of unemployment tends to decrease because older workers generally have more experience and are less likely to be unemployed compared to younger workers.

As the Average Age of the Labour Force Increased from the End