Question

in the proper order, which age group has the highest unemployment rate and which has the highest labor-force participation rate?

Answer 1

Younger workers have higher unemployment rates while middle-aged workers have lower unemployment rates. Elderly workers have low unemployment rates due to retirement.

Step-by-step explanation:

Younger workers tend to have higher unemployment, while middle-aged workers tend to have lower unemployment. This is because younger workers move in and out of jobs more easily, contributing to higher unemployment rates. Elderly workers have extremely low rates of unemployment due to retirement. Figures 3(b), 8.4(b), and 21.4(b) show unemployment rates for women divided by age, and the pattern is similar for men.