Suppose That the Total Labor Force Is 100 Individuals with 10

question 337

Multiple Choice

Suppose that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is ________. Now assume that 10 people drop out of the labor force and that 10 remain unemployed. The new unemployment rate is ________.

• A) 9 percent; 10 percent
• B) 10 percent; 9 percent
• C) 10 percent; 11 percent
• D) 11 percent; 10 percent

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Definitions:

Racial Harassment

Unwanted conduct related to a person's race or ethnicity that violates their dignity or creates an intimidating, hostile, degrading, humiliating, or offensive environment.

Employee-Centric

An organizational strategy that places the well-being and development of employees at the center of business priorities.

Absenteeism

The habitual non-attendance of an employee at their job without valid reason.

Turnover

The rate at which employees leave a workforce and are replaced.