Dr Smith on the Channel 6 News Says, "The Recent

question 157

Essay

Dr. Smith on the Channel 6 news says, "The recent figures showing that the unemployment rate is lower this quarter than last quarter are a definite sign that our economy is coming out of the recession." Dr. Jones on the Channel 8 news says, "Recent figures showing that employment is lower this quarter than it was last quarter are a definite sign that our economy is still plunging deeper into the recession."
a.Is it possible for both unemployment and employment to fall at the same time? What factor could account for the observed phenomenon?
b.In light of your answer, what do you think about the health of the economy relative to last quarter?

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Definitions:

Clifford Sifton

A Canadian politician known for his role in promoting the immigration of settlers to the prairies in the early 20th century.

Bird Sanctuary

A designated area that provides habitat and protection for bird species to live and breed, often to conserve endangered species.

Conservation

The planned management of a natural resource to prevent exploitation, destruction, or neglect, ensuring its sustainability for future generations.