Which of the following can be responsible for a drop in the unemployment rate?
Choose one or more:
A. More people become employed.
B. More people with full-time jobs become part-time workers.
C. There is an increase in the number of discouraged workers.
D. The labor force shrinks.

When the unemployed give up looking for a job, they become "disappointed" workers and are no longer considered part of the workforce. But the unemployment rate in the country is actually declining because they are no longer unemployed.

Job creation and unemployment are affected by factors such as aggregate demand, global competition, education, automation and demographics. These factors can affect the number of workers, unemployment period and wage rates.

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Which of the following can be responsible for a drop in the unemployment rate? Choose one or more: A. More people become employed. B. More people with full-time jobs become part-time workers. C. There is an increase in the number of discouraged workers. D. The labor force shrinks.

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which factors effect unemployment rate?

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Which of the following can be responsible for a drop in the unemployment rate?
Choose one or more:
A. More people become employed.
B. More people with full-time jobs become part-time workers.
C. There is an increase in the number of discouraged workers.
D. The labor force shrinks.