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Scenario: The unemployment rate in Country Y is 6 percent, and the labor force is equals about 200 ...
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Scenario: The unemployment rate in Country Y is 6 percent, and the labor force is equals about 200 ...
Scenario: The unemployment rate in Country Y is 6 percent, and the labor force is equals about 200 million people.
Refer to the scenario above. How would the unemployment rate change if Country Y experienced a large increase in immigration of skilled workers?
▸ It may increase or decrease, depending on the availability of skilled jobs.
▸ It may increase or decrease, depending on the relative increases in the number of unemployed workers and the size of the labor force.
▸ It would likely decrease, because the labor force would increase.
▸ It would likely increase, because some immigrants will be unemployed.
Textbook
Macroeconomics
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3
rd
Authors:
Acemoglu, Laibson, List
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It may increase or decrease, depending on the relative increases in the number of unemployed workers and the size of the labor force.
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