Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Scenario After an unsuccessful job search, Charles gives up looking and retires. Dina, a stay-at-home mom, starts looking for a job as her kid enters elementary school Gilberto has a birthday, becomes an adult, and starts looking for a job. Juanita dies while enjoying retirement. Unemployment Rate Effect On... Labor-Force Participation Rate

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