Multiple Choice
According to the Labour Force Survey,the number of jobs in Canada shrank by 7000 during the month of February 2014,yet the unemployment rate remained constant at 7%.It is likely that the unemployment rate was unaffected because:
A) the participation rate rose.
B) the participation rate fell.
C) older workers were retiring in fewer numbers since their retirement savings were hurt by the financial crisis a few years earlier.
D) increased numbers of younger workers were shifting from part-time to full-time employment.
Correct Answer:
Verified
Correct Answer:
Verified
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