Low unemployment rates are often:
A)associated with recessions.
B)associated with an ability to find a job with relative ease.
C)an indicator that finding a job is extremely difficult.
D)the result of high cyclical unemployment rates.

Question

Quizplus · Accepted Answer

Low unemployment rates are typically associated with an ability to find a job with relative ease. When unemployment rates are low, it means that there are more job openings than there are job seekers. This can be viewed as a positive sign for the economy, as more people are able to find gainful employment. A high unemployment rate, on the other hand, would indicate that it is difficult to find a job.

Low Unemployment Rates Are Often