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Hello, so we have a multiple choice question here, which of the following statements is true? the labor force participation rate for women is rising.
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The labor force participation rate of men is rising.
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C, discouraged workers are counted as unemployed in the official unemployment statistic.
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Most spells of unemployment are long term, but most unemployment observed at any given time is short term.
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And e, all of the answer choices are correct.
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Now, without the context of the current labour market statistics or any given data, it's difficult to determine if a or b is correct, as these trends can change over time.
00:36
So option a and b are ruled out, leaving us with options c, d, and e.
00:48
Oh, excuse me, just leaving us with options c or d, since a and b are incorrect, so are e.
00:55
Moving forward, option c is typically incorrect.
00:59
Discouraged workers, by definition, are not actively searching for unemployment, and thus are not counted in the official unemployment statistics...