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Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Scenario Effect On... Unemployment Rate Labor-Force Participation
Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Scenario Effect On... Unemployment Rate Labor-Force Participation Rate After an unsuccessful job search, Lorenzo gives up looking and retires. Neha, a stay-at-home mom, starts looking for a job as her kid enters elementary school. Sam has a birthday, becomes an adult, and starts working in a restaurant. Andrew, a construction worker, dies in an accident at work
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