skip to Main Content
The smarter way
to do assignments.

Please note that this is just a preview of a school assignment posted on our website by one of our clients. If you need assistance with this question too, please click on the Order button at the bottom of the page to get started.

What is the relationship between the labor participation rate and the unemployment rate?
The labor force participation rate is the percentage of working-age persons in an economy who are employed or those who are unemployed but looking for a job. on the other hand, the unemployment rate is the percentage of the total labor force that is unemployed but is actively seeking employment or is willing to work. Thus, the total of these two make the entire population. The relationship between them can be written as: Labor force participation…

rate + unemployment rate= 1 Thus, unemployment rate= 1- labor force participation rate. Therefore, the relationship between the labor force participation rate and unemployment rate is negative. As the labor force participation rate rises in the economy, the unemployment rate decreases and vice versa.

GET HELP WITH THIS ASSIGNMENT TODAY

Clicking on this button will take you to our custom assignment page. Here you can fill out all the additional details for this particular paper (grading rubric, academic style, number of sources etc), after which your paper will get assigned to a course-specific writer. If you have any issues/concerns, please don’t hesitate to contact our live support team or email us right away.

How It Works        |        About Us       |       Contact Us

© 2018 | Intelli Essays Homework Service®

Back To Top