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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 | |
Jacques, a full-time college student, graduates and is immediately employed. | ||
Kyoko is on maternity leave and will resume working in two months. | ||
Musashi has a birthday, becomes an adult, and starts working in a restaurant. | ||
Sean, a construction worker, dies in an accident at work. |
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