If many workers become discouraged from looking for jobs, explain how the number of jobs could decline but the unemployment rate could fall at the same time.
Added by Alvaro R.
Step 1
** Show more…
Show all steps
Your feedback will help us improve your experience
Basques Licit and 53 other Macroeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Explain how the unemployment rate may fall while the number of people working decreases.
Dave K.
What would happen to the measured unemployment rate if individuals who had previously left the labor force returned and began searching for a job?
Haricharan G.
If immigration is reduced, what is the impact on the wage for low-skilled labor? Explain
Recommended Textbooks
Principles of Economics
Macroeconomics
Economics
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD