Assignment Instructions/ Description
July unemployment dips in 17 states, rises in 26Explain how, other things remaining the same, the increaseThe Labor Department said that the largest job gains occurred in New York, which added 62,100 jobs, while Minnesota added 10,300 jobs, its first gains in almost a year. Vermont added 900 jobs but its unemployment rate fell from 7.3% to 6.8%long dashthe biggest drop of all states.Source: The Associated Press, August 21, 2009Explain how, other things remaining the same, the increase of 62,100 jobs in New York and of 10,300 in Minnesota changed the number of people employed, the labor force, and the unemployment rate.The increase of 62,100 jobs in New York and of 10,300 in Minnesota ______ the number employed and ______ the labor force. A. did not change; did not changeB.increased; definitely increasedC.increased; increased or did not changeD.did not change; increased or did not changeAs a result, the unemployment rate in these states _______.A.decreased
did not changeC.decreased if the economy moved into an expansionD.increased
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