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(Solved): Assume that Mark participates in the BLS survey on February 1st of a certain year and is counted as ...



Assume that Mark participates in the BLS survey on February 1st of a certain year and is counted as a discouraged worker. The next day he starts looking for work but does not find a job until April 1St of that year. Assuming no other changes, what would happen if Mark participates in the BLS survey on March 1st of the same year? The number of people counted as unemployed would increase, the number of people counted in the labor force would increase, and the unemployment rate would increase. The number of people counted as unemployed would stay the same, the number of people counted in the labor force would stay the same, and the unemployment rate would decrease. The number of people counted as unemployed would increase, the number of people counted in the labor force would increase, and the unemployment rate would decrease. The number of people counted as unemployed would stay the same, the number of people counted in the labor force would increase, and the unemployment rate would decrease. The number of people counted as unemployed would decrease, the number of people counted in the labor force would increase, and the unemployment rate would decrease.



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