Describe the trends and fluctuations in the Canadian employment rate and labour

Question

Describe the trends and fluctuations in the Canadian employment rate and labour force participation rate since 1960.

The employment rate? _______.

A.

fluctuates with the business cycle and has milder business cycle swings than the labour force participation rate

B.

and the labour force participation rate fluctuate counter to the business cycle and the employment rate has greater fluctuations than the labour force participation rate

C.

and the labour force participation rate follow an upward trend before 1990 and then flatten off

D.

and the labour force participation rate show that before 1990 the Canadian economy created jobs at a slower rate than the? working-age population grew

Explanation / Answer

C is the correct option

Reason

Labor force participation is a long-term process. it takes time. Before 1990, due to the admission of women in the labor force, it increased and then it started decreasing again,

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