When an individual who has not been working but has been looking for work decides to terminate the search process, the official unemployment rate
A)will remain unchanged.
B)will fall.
C)will rise.
D)may fall or rise depending on whether or not the individual resumes his education.

Question

Quizplus · Accepted Answer

When an individual stops looking for work, they are no longer counted as part of the labor force, which can lead to a decrease in the unemployment rate as the number of unemployed individuals decreases.

When an Individual Who Has Not Been Working but Has