asked 114k views
4 votes
Most spells of unemployment are long, and most unemployment observed at any given time is long-term. a. True b. False

asked
User Alene
by
7.6k points

1 Answer

5 votes

Answer: False

Step-by-step explanation:

Unemployment refers to the individuals that are part of the labor force in an economy but cannot find suitable job for themselves.

Most spells of unemployment are not long but rather short while most unemployment observed at any given time is long-term. It should also be noted that the unemployment problem in an economy is usually because of few workers who are without job for long periods of time.

answered
User Zombor
by
7.8k points
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