Question: When the labor force participation rate is declining, the A) Unemployment rate is rising faster than the total population rate. B) Percentage of the working-age
When the labor force participation rate is declining, the A) Unemployment rate is rising faster than the total population rate. B) Percentage of the working-age population that is willing and able to work is declining. C) Percentage of the total population that is employed is rising. D) Percentage of the working-age population that is outside the labor force is declining.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
