If an Unemployed Person Quits Looking for Work,ceteris Paribus,the Unemployment

question 204

Multiple Choice

If an unemployed person quits looking for work,ceteris paribus,the unemployment rate

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

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Definitions:

Referrals

The process of recommending someone for a job based on personal or professional contacts, often used to find potential candidates.

Company Web Site

An online platform owned and operated by a company to provide information about its business, products, and services to the public.

Recruiting Practices

The methods and strategies used by organizations to find, attract, and hire new employees.

Job Applicants

Individuals who apply for positions within organizations, hoping to be selected for employment.