When the following events happen, does the unemployment rate rise, fall, or stay the same? Briefly motivate your answer. Workers are laid off and start looking for work People without jobs who are looking for work find work People without jobs and looking for work give up and stop looking People without jobs and not looking for work become encouraged and decide to start look for work People without jobs and not looking for work take a job immediately

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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When the following events happen, does the unemployment rate rise, fall, or stay the same? Briefly motivate your answer.

    1. Workers are laid off and start looking for work
    2. People without jobs who are looking for work find work
    3. People without jobs and looking for work give up and stop looking
    4. People without jobs and not looking for work become encouraged and decide to start look for work
    5. People without jobs and not looking for work take a job immediately
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