An article in the Wall Street Journal noted that over a four month period in late 2014,

Question:

An article in the Wall Street Journal noted that over a four month period in late 2014, employment in the state of Georgia "rose 1% even as the state's jobless rate climbed 1.2 percentage points." Briefly explain how the state's unemployment rate could have increased at the same time that employment in the state was increasing.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

Question Posted: