Question
1. (B1a. Shortcomings of the unemployment rate) Refer to a diagram showing the official unemployment rate and the rate of unemployed plus discouraged and underemployed
1. (B1a. Shortcomings of the unemployment rate)
Refer to a diagram showing the official unemployment rate and the rate of unemployed plus discouraged and underemployed workers (slide 35).
In what time period the gap between two rates is the largest? Why?
2. (B1b. Other labor market indicators)
Refer to the two diagrams showing the US labor force participation rate, and the differences in labor force participation rate between males and females (slides 39 and 40).
What can you say about the trend of labor force participation rate? Why such trend happens?
Why labor force participation rate drops significantly during recessions?
Discuss why male labor force participation rate decreases, meanwhile, female labor force participation rate increases?
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Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian Edition volume 2
013269008X, 978-0133122855, 133122859, 978-0132690089
