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If top government officials say "more people are working now than ever before." what do they mean?
a.) The unemployment rate is higher than ever before.
b.) the number of people unemployed is lower than ever before.
c.) the unemployment rate is lower than ever before.
d.) none of the above
a little torn between c and d.
2 Antworten
- Anonymvor 9 JahrenBeste Antwort
d.
Example: There are 50 million possible workers, and 45M have jobs, so the unemployment rate is 10%. Ten years later, same country, but now there are 65 million possible workers, and 50 million have jobs, but the unemployment rate is 23%. More people are working now, but there's also more people looking for work, so the unemployment rate is higher.
