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stepan [7]
2 years ago
14

During a recession, a number of workers have their hours reduced by their employers. All else the same, the unemployment rate wi

ll ________ and the labor force participation rate will ________. Group of answer choices
Business
1 answer:
devlian [24]2 years ago
6 0

Incomplete question. I answered from a general economic standpoint.

Answer:

<u>stay the same; decrease</u>

Explanation:

<em>Remember</em>, in this scenario, it wasn't as though the mentioned workers lost their jobs, they only had their hours reduced by their employers; so they are not <u>unemployed</u>. This, therefore, implies that the unemployment rate will stay the same.

The labor force participation rate in simple words refers to the percentage of those who are currently employed or looking for a job within an economy. If the working hours are reduced, it may diminish the zeal among the workforce of an economy to work or find work because <u>they may perceive they''ll earn less.</u>

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