There are various debates on measuring rate of unemployment.

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Is it possible for the number of employed workers to increase while the unemployment rate rises? Explain and provide a reference.

Jul 9th, 2015

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yes, it is possible for the rate of employed to increase while the unemployed rate increases. this is because, as new industry rises, it creates many new jobs. if no other jobs in the changed economy, this can decrease the unemployment rate as the unemployed get the new jobs created. migrants can also join labor force and cause unemployment regardless of the new jobs created. this would lead to higher unemployment rates.

William Boyes, Michael Melvin.(2015) Macroeconomics. Cengage Learning.

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Jul 9th, 2015

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Jul 9th, 2015
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