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The following table gives examples of several unemployed people in the labor market. Identify each person as a job loser, a job leaver, a reentrant,

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The following table gives examples of several unemployed people in the labor market. Identify each person as a job loser, a job leaver, a reentrant, or a new entrant. Job New Job Example Leaver Reentrant Entrant Loser Shen is looking for a job where he can utilize his recent master's degree as well as his O O O O previous job experience. David is looking for his first-ever summer job. O O O O Kathy was laid off from the gold mine where she worked, because a recession caused a O O O O decrease in demand for metals. Jim quit his part-time job to search full time for a job that more closely matches his O O O O education. True or False: If the unemployment rate is 5%, the employment rate is 95%. O True O False

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