Which of the following statements about the composition of the labor force is co

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Which of the following statements about the composition of the labor force is correct?

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Question 100.2 pts

Holding all else constant, if people who are currently discouraged workers decide to start looking for jobs again, you will see

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Question 110.2 pts

Some jobs in the economy are no longer needed after an advancement in technology. A person who loses his or her job this way would be considered

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Answer:

Qn.1) Since 1948, the percentage of women participating in labour force has increased.

Explanation: Women participation in workforce has increased over the years. It has been a result of various factors like shortage in labor force, an increase in women centric movements, expansion of the services sector, access to higher education, increase in cost of living, and government initiatives.

i)There was a shortage in supply of labor as a result of the increased male participation in the World War II. This has resulted in increasing the participation of women in work force.

ii)There are many women centric movements happening around the globe. Such movements fight for women rights and encourages women to empower themselves.

iii)Importance do services sectors has increased overtime. Unlike in manufacturing sector services sector requires more intellectual knowledge than physical strength.

iv) women seeking education has increased which has resulted in inducing them to work over the years. Easy access to education has resulted in more women participation in education.

v) Government initiatives in passing acts which enhances women rights resulted in increasing the participation of women in workforce.

Qn.2) An increase in unemployment rate.

Explanation: A discouraged worker is someone who is qualified and able to work but is not working currently or has not tried to search employment for the past 4 weeks. Discouraged workers are workers who have usually lost hope in finding a job because they have failed in finding a suitable one or have faced multiple rejections while finding one.

Therefore, holding all the other things constant if the discouraged workers decides to start searching for a job again this will certainly result in an increase in unemployment rate in the economy.

Qn.3) Structurally Unemployed.

Explanation: Unemployment due to advancement in technology is known as structural unemployment. As a result of the introduction of more advanced technology the demand pattern for manpower will alter drastically and will result it increasing unemployment.

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