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News Analyst: The unemployment rate, which is obtained from...

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Joined: 22 Nov 2016
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News Analyst: The unemployment rate, which is obtained from...  [#permalink]

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27 Oct 2017, 15:43
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Difficulty:

5% (low)

Question Stats:

89% (01:31) correct 11% (01:32) wrong based on 65 sessions

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News Analyst: The unemployment rate, which is obtained from a separate household survey, fell to 9.0% last month signaling that the economy added about 700K jobs. Yet, another study by the government stated that non-farm payrolls of US companies rose only by 50K today.

Economist: Payrolls indicate permanent jobs and is the real indication of the long term un-employment rate whereas the unemployment rate report is usually a short term measure which can communicate the wrong information in the short term.

Which of the following, if true will strengthen the Economist's position on the two reports?

A) Non-farm payrolls have been on the up for the past 4 months and this month's data confirms the upward positive trend.
B) S&P 500, the consortium of largest 500 companies in the country, confirmed that it is not planning to add any more than 200K jobs per month for this year.
C) The retail sales index, usually an indicator of the happiness index of the country, has indicated that mood of the country was not so cheerful last month.
D) There are many people who find temporary work and no longer report unemployed on the household survey.
E) Government's health care expense, which includes the health care expenses that government, pays for the needy, dropped by 1% last month.

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Re: News Analyst: The unemployment rate, which is obtained from...  [#permalink]

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27 Oct 2017, 15:56
D because it supports temporary work

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This is not a quality discussion. It has been retired.

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Re: News Analyst: The unemployment rate, which is obtained from... &nbs [#permalink] 27 Oct 2017, 15:56
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News Analyst: The unemployment rate, which is obtained from...

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