Contemporary Labor Economics 9th Edition by Campbell Mcconnell, Stanley Brue, David Macpherson, Robert Powell, David Colander

Exercise 11

Assume that the official national unemployment rate rises from 4 percent to 8 percent because of a major recession. What impact do you predict this would have on (a) the African-American to white unemployment rate ratio, (b) the labor force participation rate, and (c) the teenage-adult unemployment rate ratio Explain.