Which Statement Is True Describing the U

question 22

Multiple Choice

Which statement is true describing the U.S. overall unemployment rate in recent years?

• A) The unemployment rate has steadily increased from a low of 3% in 2001 to more than 14% in 2014.
• B) The unemployment rate rose from 10% to 16% during the recession and now has returned to 14%.
• C) For most of the 2000s, the unemployment rate has remained around 10%.
• D) The unemployment rate rose to more than 9% during the recession and recently has returned to rates typical of recent years of 4-6%.

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Definitions:

Canadian Tire

A Canadian retail company that sells a wide range of automotive, hardware, sports and leisure, and home products.

Contract Labour

Workers employed on a contractual basis rather than as permanent employees, often for a specific project or time period.

Core Knowledge Workers

Employees who possess essential expertise and skills critical to the functioning and competitiveness of an organization.

Strategic Value

The worth or importance of something in achieving a business's long-term objectives and sustaining its competitive advantage.