suppose the labor force stays constant, and the working-age population stays constant, but a greater number of persons who were unemployed become employed. the labor force participation rate will

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17-12-2022
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suppose the labor force stays constant, and the working-age population stays constant, but a greater number of persons who were unemployed become employed. the labor force participation rate will

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RupaBera RupaBera · Answer 1 · 2022-12-23T10:36:35+01:00

Suppose the population of working age and the labor force remain unchanged, but more people who were unemployed find employment. The percentage of workers who are in the labor force won't change.

The size of fluctuates depending on whether there are more or less people eager to work.

The size of the labor force only changes when more or fewer people are actually working or are willing to work, not when it changes in terms of person-days, which is how it is measured. It is a gauge of the real labor force.

How does population expansion cause joblessness?

In other words, overpopulation, which is described as a situation where a country's human population exceeds the carrying capacity of its environment, is the cause of unemployment since in this scenario, the population is greater than the number of available or required jobs.

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