Sheamous loses his job and decides to sit on the beach rather than look for work during the next few months. other things the same, the unemployment rate

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13-03-2017
Social Studies

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Sheamous loses his job and decides to sit on the beach rather than look for work during the next few months. other things the same, the unemployment rate

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andriansp andriansp · Answer 1 · 2017-03-20T15:51:26+01:00

andriansp andriansp

20-03-2017

Other things the same, the unemployment rate would be : Increased and the labor force participation rate will decrease.
The longer Sheamous decided to sit-around and be unproductive, the harder it would be for him to obtain a job. Company tend to no appreciate a job seeker that has a long period of doing nothing in their CV

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