The bad news in the lune jobs numbers, released Friday, is also the good news. The unemployment rate rose to 4 percent last month, from 3.8 percent, which in many contexts would be reason to worry (25) _____ a softening economy. But the details of this particular jump in the jobless rate actually imply good things for the economy. The labor force rose by 601,000 people last month, driving the proportion of the civilian adult population that is either working or looking for work up by 0.2 ...
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02/09 16:57:06 (Tiếng Anh - Lớp 12) |
The bad news in the lune jobs numbers, released Friday, is also the good news. The unemployment rate rose to 4 percent last month, from 3.8 percent, which in many contexts would be reason to worry (25) _____ a softening economy. But the details of this particular jump in the jobless rate actually imply good things for the economy.
The labor force rose by 601,000 people last month, driving the proportion of the civilian adult population that is either working or looking for work up by 0.2 percentage points, to 62.9 percent. The unemployment rate rose because not all of the people looking for work found it immediately. That suggested they were ready and willing to (26) _____ the jobs that employers have kept creating at a healthy rate — an additional 213,000 positions in June alone. The month-to-month swings in the size of the labor force can be large because of (27) _____ error. So this may prove to be a random blip that is erased as more data become available.
But taken at face value, it’s a sign that the hot job market is succeeding at pulling people off the sidelines and into the work force. It’s easy to imagine people (28) _____ have become disengaged from the work force who, in this tightening job market, are more likely than they were a few years ago to see help wanted signs everywhere, (29) _____ to have friends and acquaintances urge them to start working.
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