Solved

The New York Times Reported in November 2008 That 240,000

Question 50

Multiple Choice

The New York Times reported in november 2008 that 240,000 additional people lost their jobs which increased the unemployment rate to 6.5 percent. In addition, it was noted that a large number of college graduates were "taking jobs that do not require a college degree." It was also expected that "teens will be thrown out of the labor market....causing youths to miss experience" that could help them prepare for higher- skilled jobs.
The article reflects the idea that unemployment is a problem because it results in


A) a loss of income.
B) fewer discouraged workers.
C) a loss of human capital.
D) a decrease in the labor force.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions