Question

Im hoping someone can confirm my answer. The question is: if Juanita is laid off during...

Im hoping someone can confirm my answer. The question is: if Juanita is laid off during a recession but still continues to search for a job, the unemployment rate will _ , the Labor force participation rate will _, and she is an example of _.

I got increases; stays the same; cyclical ....the only other plausible one (because cyclical is included is increases, increases, cyclical

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Yes, you are absolutely right.

When a person is laid off due to any reason and he or she is still looking for the job, the unemployment rate will increase as there will be more individuals looking actively for the job.

The participation rate will be same as there is no decline in the people looking to offer their services.

She is an example of cyclical unemployment which is mainly resulted due to fluctuation in the business cycle.

I REQUEST YOU TO KINDLY RATE THE ANSWER AS THUMBS UP. THANKS, A LOT.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
I am just looking for someone to confirm my answers to these questions: 1. Assume that...
I am just looking for someone to confirm my answers to these questions: 1. Assume that the economy is in long-run equilibrium, then the price of fuel decreases. What happens to GDP, price level, and unemployment?       I got the price will decrease, unemployment will decrease, and gdp will increase 2. Asumme that the economy is in long-run equilibrium, then the DOW jones stock market increases. What happens to GDP, price level, and unemployment?       Since its a shift in...
For each of the following, state whether the individual is included or not included in the...
For each of the following, state whether the individual is included or not included in the labor force and, if included, whether that person is counted as employed or unemployed, and if unemployed, which type of unemployment classification (frictional, structural, cyclical, or seasonal). You may designate “N/A” for non-applicable categories. Ben was laid off from his factory job during the 2010 recession and in order to pay his bills was forced to take a job at Wal-Mart Ashley was laid...
8. What is the difference between being unemployed and being out of the labor force? 9....
8. What is the difference between being unemployed and being out of the labor force? 9. How do you calculate the unemployment rate? How do you calculate the labor force participation rate? 23. What forces create the natural rate of unemployment for an economy? 26. What is frictional unemployment? Give examples of frictional unemployment. 27. What is structural unemployment? Give examples of structural unemployment. 29. What type of unemployment (cyclical, frictional, or structural) applies to each of the following: a....
1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people:...
1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people: Paolo, Sharon, Van, Amy, Deborah, and Carlos. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as employed, unemployed, “not in the labor force” (if not in the civilian labor force but still part of the adult population), or “not in the adult population” if not in...
1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people:...
1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people: Hubert, Kate, Manuel, Poornima, Valerie, and Shen. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as employed, unemployed, “not in the labor force” (if not in the civilian labor force but still part of the adult population), or “not in the adult population” if not in...
1. Which of the following is deducted from National Income to get Personal Income: A. personal...
1. Which of the following is deducted from National Income to get Personal Income: A. personal taxes B. transfer payments C. indirect business taxes D. income currently earned, but not yet received E. income received, but not currently earned 2. What is deducted from Gross Investment to get Net Investment: A. income taxes B. depreciation expenditure C. the purchase of all existing shares of stock D. foreign direct investment (i.e. investment from other countries in our country) E. none of...
Topic: Why is unemployment so high in Europe? Briefly discuss. Optional reading: You can use any...
Topic: Why is unemployment so high in Europe? Briefly discuss. Optional reading: You can use any Web browser to search for the words “European unemployment.” Just by scanning the headlines, see how many possible explanations you can list. Why Is Unemployment So High in Europe? Between World War II and the mid-1970s, unemployment in Western Europe was low. From 1960 to 1974, for example, the unemployment rate in France never got as high as 4 percent. The worldwide recession of...
2. SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to...
2. SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to be used as a basis for class discussion rather than as an illustration of the effective or ineffective handling of an administrative situation. The name of the company is disguised. INTRODUCTION In light of demographic concerns, in 2012, the Japanese government initiated an effort to change the work environment in order to secure the workforce of the future. Japan is world renowned for its...
3 SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to...
3 SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to be used as a basis for class discussion rather than as an illustration of the effective or ineffective handling of an administrative situation. The name of the company is disguised. INTRODUCTION In light of demographic concerns, in 2012, the Japanese government initiated an effort to change the work environment in order to secure the workforce of the future. Japan is world renowned for its...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT