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(Solved): Question content area top Part 1 U.S. unemployment rate lowest since 2008 The Labor Department said ...



Question content area top Part 1 U.S. unemployment rate lowest since 2008 The Labor Department said that the economy added? 146,000 jobs in? November, and the unemployment rate fell to? 7.7% from? 7.9% in October. But it fell mainly because workers dropped out of the labor force. ?Source: CNN? Money, December? 7, 2012 Explain why workers dropping out of the labor force lowers the unemployment rate and why by more than new jobs do. Question content area bottom Part 1 When workers drop out of the labor? force, the unemployment rate falls because? _______. A. the ratio of the number employed to the number unemployed increases B. the percentage change in the number unemployed is greater than the percentage change in the labor force C. the percentage change in the number unemployed equals the percentage change in the labor force D. the percentage change in the number unemployed is less than the percentage change in the labor force Part 2 When new jobs are added to the? economy, the unemployment rate does not fall by as much as when workers drop out of the labor force because? _______. A. there is a lag in measuring the effect of new jobs B. unemployed workers who are not hired are more likely to become discouraged workers C. some jobs are filled by unemployed workers but other jobs are filled by new entrants to the labor force D. all jobs are filled by previously unemployed people



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