5. Reasons for unemployment

The following table gives examples of several unemployed people in the labor market.

Identify each person as a job loser, a job leaver, a reentrant, or a new entrant.

Example	Job Leaver	Reentrant	New Entrant	Job Loser
Shen is looking for a job where he can utilize his recent master's degree as well as his previous job experience.
David is looking for his first-ever summer job.
Kathy was laid off from the gold mine where she worked, because a recession caused a decrease in demand for metals.
Jim quit his part-time job to search full time for a job that more closely matches his education.

True or False: If the unemployment rate is 5%, the employment rate is 95%.

True

False