15. Is it possible for the unemployment rate to rise at the same time that the number of people working increases? a. yes, if established workers keep their jobs but no longer have the option of working overtime b. yes, if labor force growth outpaces growth in the number of people working c. no d. yes, if the new workers are employed less than full time

15. Is it possible for the unemployment rate to rise at the same time that the number of people working increases? a. yes, if established workers keep their jobs but no longer have the option of working overtime b. yes, if labor force growth outpaces growth in the number of people working c. no d. yes, if the new workers are employed less than full time

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 11RQ: If you an? out of school but working part time, are you considered employed or unemployed in U.S....

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Similar questions

If you an? out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greater at Wal-Mart are you considered employed or not in the labor force?
What happens to the labor force participation rate when employed individuals are reclassified as unemployed? What happens when they are reclassified as discouraged workers?
Using the above data, what is the unemployment rate? These data are U.S. statistics from 2010. How does it compare to the February 2015 unemployment rate computed earlier?
Unemployment rates have been higher in many European countries in recent decades than in the United States. Is the main reason for this long-term difference in unemployment rates more likely to be cyclical unemployment or the natural rate of unemployment? Explain briefly.
What forces create the natural rate of unemployment for an economy?
Explain how the natural rate of unemployment may be higher in low-income countries.
Over the long term, has the U.S. unemployment rate generally trended up, trended down, or remained at basically the same level?