24 rea Mre.ee P&Mom; to 2 P ld-487 0721 A congo ng g en tati/mV index.html ht d

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24 rea Mre.ee P&Mom; to 2 P ld-487 0721 A congo ng g en tati/mV index.html ht d 616 61&thk; dld 22624 007 a ple y MINDTAP Part I: Prices and Unemployment Due Today at1199 PM EDT Attempts Average:/2 The following table gives examples of several a new entrant unemployed people in the labor market. Identify each person as a job loser, a job leaver, a reentrant, or Job Job Loser Entrant Leaver Reentrant Example Sam is looking for a job where he can utilize his recent master's degree as well as his previous job experience Eric quit his part-time job to search full time for a job that more dosely matches his education Brian is looking for his first-ever summer job. Kim was laid off from the gold mine where she worked, because a recession caused decrease in demand for metals True or False: If the unemployment rate is 5%, the employment rate is 95%. False True 0

Explanation / Answer

1) Re-entrant.

because, sam is looking for a job to utilize his master degree as well he is also experience , so he has done job before also.

2) JOb-Leaver

because, Eric quit his job to find the better one that closely satisfy his education. he leave job at his own will and to ge the full time job.

3) New Entrant.

because, Brian has never did any job. he is a fresher and looking for his first job.

4) Job Loser.

because, of the recession , Kim losses his job .

The asnwer is FALSE.

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