Unemployment rates for skilled workers compared to unemployment rates for unskilled workers are
A) lower, because skilled workers tend to be employed in less cyclically vulnerable industries, such as the services and nondurable goods industries.
B) higher, because skilled workers tend to be employed in more cyclically vulnerable industries, such as the durable goods industry.
C) higher, because businesses are less likely to retain the more costly skilled workers no matter what type of industry.
D) lower, because skilled workers tend to be primarily employed by government at the local, state, and federal levels.
Correct Answer:
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A)
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