Estimates vary, but somewhere around 2 million fewer women are in the labor force currently than were in the labor force pre-Covid. Given this information, which of the following is true:

Group of answer choices

Fewer women in the labor means the unemployment rate is higher than it otherwise would be.

Fewer women in the labor force means the labor force participation rate is higher than it otherwise would be.

Fewer women in the labor force means the unemployment rate is lower than it otherwise would be.

We don't have enough information to answer this question.