Why Is There a Lag Between the End of a Recession

question 220

Multiple Choice

Why is there a lag between the end of a recession and the peak in the unemployment rate?

• A)Workers would rather draw unemployment than return to work.
• B)The first workers recalled are continuing to work part time and when they return to full time employment it does not change the number of people employed.
• C)Reemployment is not recognized until later because of the way data are collected.
• D)The company has a hard time finding new employees.

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Definitions:

Briefly

In a short, concise manner or period.

Publicity

The attention that a person, product, or company receives from the media and the public, often achieved through marketing or promotional efforts.

Promotional Mix

The blend of different marketing strategies such as advertising, sales promotion, public relations, personal selling, and direct marketing used to achieve business goals and communicate with the target audience.

Strengths/Advantages

The positive attributes and competitive benefits that give a company or product superiority over others in its market.