If an unemployed worker does not take any action to seek employment for more than four weeks, which of the following would happen to the employment statistics? The unemployment rate and the labor force participation rate would both increase. O The unemployment rate would increase, and the labor force participation rate would decrease. The unemployment rate and labor force participation rate would decrease. The unemployment rate would decrease, and the labor force participation rate would increase O The unemployment rate would stay constant, and the labor force participation rate would decrease.

If an unemployed worker does not take any action to seek employment for more than four weeks, which of the following would happen to the employment statistics? The unemployment rate and the labor force participation rate would both increase. O The unemployment rate would increase, and the labor force participation rate would decrease. The unemployment rate and labor force participation rate would decrease. The unemployment rate would decrease, and the labor force participation rate would increase O The unemployment rate would stay constant, and the labor force participation rate would decrease.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations

Section: Chapter Questions

Problem 2P

See similar textbooks

Similar questions

Assess whether the following would be counted as unemployed in the Current Employment Statistics survey. A husband willingly stays home with children while his wife works. A manufacturing worker whose factory just closed down. A college student doing an unpaid summer internship. A retiree. Someone who has been out of work for two years but keeps looking for a job. Someone who has been out of work for two months but isnt looking for a job. Someone who hates her present job and is actively looking for another one. Someone who decides to take a part time job because she could not find a full time position.
If you an? out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greater at Wal-Mart are you considered employed or not in the labor force?
The U.S. unemployment rate increased from 4.6 in July 2001 to 5.9 by June 2002. Without studying the subject in any detail, would you expect that a change of this kind is more likely to be due to cyclical unemployment or a change in the natural rate of unemployment? My?
What happens to the labor force participation rate when employed individuals are reclassified as unemployed? What happens when they are reclassified as discouraged workers?