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For each of the following events, choose whether the unemployment rate increases, decreases, stays the same, or whether the effect is unknown. The employment rate
For each of the following events, choose whether the unemployment rate increases, decreases, stays the same, or whether the effect is unknown.
The employment rate increases while the participation rate remains the same.
The unemployment rate stays the same. | ||
The effect is unknown. | ||
The unemployment rate increases. | ||
The unemployment rate decreases. |
Employed workers loose their jobs and start looking for new ones. However, they are not eligible to employment benefit.
The unemployment rate increases. | ||
The unemployment rate decreases. | ||
The unemployment rate stays the same. | ||
The effect is unknown. |
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