If an Unemployed Person Quits Looking for Work, Other Things

question 80

Multiple Choice

If an unemployed person quits looking for work, other things equal, which statement best describes the changes in the labour statistics?

• A) The unemployment rate decreases, and the labour-force participation rate increases.
• B) The unemployment rate decreases, and the labour-force participation rate decreases.
• C) The unemployment rate stays the same, and the labour-force participation rate decreases.
• D) The unemployment rate and the labour-force participation rate stay the same.

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Definitions:

Interviewing

The process of asking questions and evaluating a candidate for a potential job, role, or position.

Selection Decision

The process of choosing the most suitable candidate for a position from a pool of applicants.

Supervisor

An individual in an organization who is responsible for overseeing and managing the work of other employees to ensure productivity and quality standards are met.

Employee Selection

The process of evaluating and choosing the most suitable candidate for a job role.