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Director
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Politician: Fewer people are entering the labor market now [#permalink]
 22 Jan 2005, 11:25
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Politician: Fewer people are entering the labor market now than previously. If the economy grows, the demand for motivated and educated people will far outstrip the supply. Some companies have already started to respond to this labor-market situation by finding better ways to keep their current employees. Their concern is a sure indicator that the economy is growing.
Which of the following is the best criticism of the politician’s reasoning?
(A) The fact that companies are making prudent preparations for a possible future development does not mean that this development is already taking place.
(B) The fact that some companies now try harder to keep their employees does not mean that they used to be indifferent to employee morale.
(C) The fact that demand will outstrip supply does not mean that there will be no supply at all.
(D) The fact that the number of new entrants into the labor market is declining does not mean that the number of new entrants is lower than it has ever been.
(E) The fact that current employees have become more valuable to some companies does not mean that those employees will do their jobs better than they used to.
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Senior Manager
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Director
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saurabhmalpani wrote: :oops:     I will opt for A. Well a convoluted one Saurabh Malpani please explain why you have chosen A over others..
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Senior Manager
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vprabhala wrote: Politician: Fewer people are entering the labor market now than previously. If the economy grows, the demand for motivated and educated people will far outstrip the supply. Some companies have already started to respond to this labor-market situation by finding better ways to keep their current employees. Their concern is a sure indicator that the economy is growing.
Which of the following is the best criticism of the politician’s reasoning?
(A) The fact that companies are making prudent preparations for a possible future development does not mean that this development is already taking place.
(B) The fact that some companies now try harder to keep their employees does not mean that they used to be indifferent to employee morale. Out of scope
(C) The fact that demand will outstrip supply does not mean that there will be no supply at all. DOSEN'T SAY ANYTHING
(D) The fact that the number of new entrants into the labor market is declining does not mean that the number of new entrants is lower than it has ever been.---> don't understand this
(E) The fact that current employees have become more valuable to some companies does not mean that those employees will do their jobs better than they used to. OUT OF SCOPE
Now between A, D well i read and only A made some sense so picked A.
I am not sure how to explain this one ..properly.
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SVP
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(A)
Basically it says A=>B doesn't mean B=>A.
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Manager
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(B)
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Director
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OA is A.
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VP
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(A) it is. I agree though that (B) is close however let’s not ignore the fact that (B) takes us out of the scope of the stimulus by addressing employee morale which is not the key issue here.
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Director
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Guys,
I would like to know why D is not a possibility. It is possible that
D)The number of new entrants into the labor market is declining does not mean that the number of new entrants is lower than it has ever been.
My understanding is that a smaller proportion of new entrants are actually entering labor market. i.e. There are other new entrants who are not into the labor market.
This is very much possible and could be a criticism of the politician.
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Senior Manager
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eyunni wrote: Guys,
I would like to know why D is not a possibility. It is possible that
D)The number of new entrants into the labor market is declining does not mean that the number of new entrants is lower than it has ever been.
My understanding is that a smaller proportion of new entrants are actually entering labor market. i.e. There are other new entrants who are not into the labor market.
This is very much possible and could be a criticism of the politician.
We are looking to weaken the politician's reasoning. The # of entrants being at its lowest point or not does not adequately weaken the assumption that companies are finding ways to retain employees because the economy is supposedly growing.
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