Question Details

Job creation in October was much more robust than most forecasters had predicted


1. "Even if employment continues to climb, the jobless rate will likely stay around its current level for the balance of this year, Cramer said. That's because ........." Complete this clipping. 
a) the labor force will shrink b) the extra jobs will be part-time 
c) of increases in the participation rate d) of an increase in discouraged workers 
2. "Job creation in October was much more robust than most forecasters had predicted, but the number of people either working or looking for work increased even more sharply." From this information the unemployment rate should be 
a) rising b) falling c) steady d) not enough information to tell 
3. "And so we find ourselves in the strange situation in which employment is rising and at the same time unemployment is rising." This could happen because 
a) too many people are retiring b) the participation rate is falling 
c) of an increase in the number of discouraged workers 
d) the labor force is increasing by more than employment 
4. "The unemployment rate increased to 6.8%, with employment rising by a big 0.6% or 68,000 during the month and the labor force increasing by ______." The blank should be 
a) less than 68,000 b) 68,000 c) more than 68,000 d) not enough information to tell 
5. "The unemployment rate moved up to 7.8 per cent (seasonally adjusted) in May from April's 7.7 per cent, but not because of job losses. Indeed, employment rose by a big 0.6 per cent or 68,000 during the month. However, ............" Complete this clipping. 
a) the participation rate fell. b) even more people joined the labor force 
c) the number of encouraged workers decreased 
d) the number of discouraged workers increased



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