More job losses in the manufacturing sector

Reference no: EM131030535

More job losses in the manufacturing sector helped pull employment down by 390000 in November. Only the fact that the labour force _________ keep the unemployment rate steady.

C- Rose by the approximate amount

D- Fell by the approximate amount

I think it should be C - because when the job losses increase, unemployment increase by 390000. To keep Unemployment rate ( = # unemployed / labour force) steady, then I think LF should rise by the same amount. The answer key is saying D, so I don't know what is the reasoning for us to get D?

Reference no: EM131030535

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