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Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios
Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Effect On... Labor-Force Participation Rate Scenario Unemployment Rate Manuel, a full-time college student, graduates and is immediately employed. Poornima, a stay-at-home mom, starts looking for a job as her kid enters elementary Increases school Stays the same Shen has a birthday, becomes an adult, and starts working in a restaurant. Decreases Valerie dies while enjoying retirement.
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