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Explain why ABC should prioritize reducing/stabilizing its unemployed population rate (high/low) and describe one economic policy that could improve ABC's labor force participation rate. Emphasize
Explain why ABC should prioritize reducing/stabilizing its unemployed population rate (high/low) and describe one economic policy that could improve ABC's labor force participation rate. Emphasize the macroeconomic impact of your chosen policy on the country economic growth in 2023 - 2025. If the policy you chose will affect ABC's GDP, describe which of section(s) of the GDP will see the largest change (in $) in 2023 - 2024/2025 and why. Include an economic concern on the portion of the population that will notice the largest change in PPP in 2023 - 2024. (you may ref. U.S. Chamber of Commerce summary report, Feb. 2024 for guidance on this section). (Also, the Wall Street Journal video on "U.S. hiring surge... for comparison purposes on this section)
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