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Social Studies, 02.04.2020 02:25 asyamelissa01

Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. a. After an unsuccessful job search, Tim gives up looking and retires. b. Alyssa, a stay-at-home mom, starts looking for a job as her kid enters elementary school. c. Brian has a birthday, becomes an adult, but has no interest in working. d. Edison, a construction worker, dies in an accident at work.

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Indicate what happens to the unemployment rate and the labor-force participation rate in each of the...
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