During the most recent economic crisis caused by the COVID-19 pandemic, Emma and many other workers in the restaurant industry lost their jobs. This job loss increased the unemployment rate. As the economy recovered, some of those workers, including Emma, were able to get their jobs back, which decreased the unemployment rate. The rise and fall of unemployment is one element in the study of _______.

During the most recent economic crisis caused by the COVID-19 pandemic, Emma and many other workers in the restaurant industry lost their jobs. This job loss increased the unemployment rate. As the economy recovered, some of those workers, including Emma, were able to get their jobs back, which decreased the unemployment rate. The rise and fall of unemployment is one element in the study of O macroeconomics O gross domestic product (GDP) recession microeconomics