U.S. unemployment rate lowest since 2008 The Labor Department said that the economy added 146,000 jobs in November, and the unemployment rate fell to 7.7% from 7.9% in October. But it fell mainly because workers dropped out of the labor force. Source: CNN Money, December 7, 2012 Explain how the new jobs change the labor force and the unemployment rate. New jobs the labor force and the unemployment rate. O A. definitely increase; increase O B. increase or do not change; lower O C. do not change; do not change O D. increase or do not change; do not change
U.S. unemployment rate lowest since 2008 The Labor Department said that the economy added 146,000 jobs in November, and the unemployment rate fell to 7.7% from 7.9% in October. But it fell mainly because workers dropped out of the labor force. Source: CNN Money, December 7, 2012 Explain how the new jobs change the labor force and the unemployment rate. New jobs the labor force and the unemployment rate. O A. definitely increase; increase O B. increase or do not change; lower O C. do not change; do not change O D. increase or do not change; do not change
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:U.S. unemployment rate lowest since 2008
The Labor Department said that the economy added 146,000 jobs in November, and the unemployment rate fell to 7.7% from 7.9% in October. But it fell mainly because workers dropped out of the labor force.
Explain how the new jobs change the labor force and the unemployment rate.
Source: CNN Money, December 7, 2012
New jobs
the labor force and
the unemployment rate.
O A. definitely increase; increase
O B. increase or do not change; lower
C. do not change; do not change
O D. increase or do not change; do not change
Click to select your answer.
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