12. A newspaper article reports that the unemployment rate fell this month, but the number of people with jobs also declined. How is it possible for both unemployment and employment to fall at the same time? Give a concrete example of something people might be doing that could explain this.

12. A newspaper article reports that the unemployment rate fell this month, but the number of people with jobs also declined. How is it possible for both unemployment and employment to fall at the same time? Give a concrete example of something people might be doing that could explain this.

Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781305971509

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter15: Unemployment

Section: Chapter Questions

Problem 4PA

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12. A newspaper article reports that the unemployment rate fell this month, but the number
of people with jobs also declined. How is it possible for both unemployment and
employment to fall at the same time? Give a concrete example of something people
might be doing that could explain this.

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