Question

3rd attempt Which of the following can be responsible for a drop in the unemployment rate? Choose one or more: A. More people become employed. B. The labor force shrinks. C. There is an increase in the number of discouraged workers. D. More people with full-time jobs become part-time workers. 2nd attempt

Answer 1

1. unemployment rate is the ratio of unemployment and total labour force. if more people become employed that means number of unemployed people increases and hence the numerator increases while the denominator remaining the same. hence unemployment rate falls. (A)

2. the unemployment caused by the time it takes workers to search for new job after losing the previous one is called frictional employment. so answer is option (A). As rules and regulations decreases the time taken to join new work decreases.

3. Option (C). Explanation is given at answer of 2.

4.  Structural unemployment takes place in the face of sectoral shift. so Jim is an example of this.

Julie is an example of frictional employment. explained at answer of 2.

Bob is a victim of cyclical unemployment. as recession is a cyclical phenomena.

5. The question is not clear to me. Can you please clarify what is the question? I mean to say that what statements are to be checked whether true or false?

6. the former accountant is not in the labour force as he or she is willingly doing so.

the person is in the labour force as he or she is in the willing to get a job at the prevailing market rate and that's why he or she is appearing that interview.

the CEO is in the labour force as labour force is the summation of employed and unemployed people and he or she is employed.

retired people do not come under the head of labour force.

if a person is not working and not looking for a job is not in the labour force.

the dishwasher is in the labour force as he or she is working and also looking for a job.

7. (A) Structural unemployment as it is the result of technological advancement and sectoral shift.