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Politician: Fewer people are entering the labor market now

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Re: Politician: Fewer people are entering the labor market now  [#permalink]

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New post 03 May 2012, 20:42
+1 A

This is a "find the flaw" question. Saying that companies are taking actions about that situation doesn't mean that the economy is growing. Maybe the companies are just preparing for a future situation.
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Re: Politician: Fewer people are entering the labor market now  [#permalink]

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New post 17 Mar 2015, 04:23
Choice A

type weaken

Conclusion: the surge in concern => economy is growing

Assumption: the action of companies is properly reflex what are going on the market.

Break assumption: what if the economy will not grow or decrease in the future? there are no need to enhance employee morale. Hence choice A is correct

one other possible weaken is that: even the labour decrease, it does not mean that the new entrance to educational industries will reduce
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Re: Politician: Fewer people are entering the labor market now  [#permalink]

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New post 05 Jun 2017, 16:18
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The fact that companies are making prudent preparations for a possible future development does not mean that this development is already taking place. - Correct Answer. Explains current situation
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Re: Politician: Fewer people are entering the labor market now  [#permalink]

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New post 31 Aug 2018, 03:14
1
1) If economy grows -> Demand for supply increases

2) Some companies are trying to retain employees - based on this 1 fact author has concluded that the economy is growing.
Let us understand the line of reasoning used by the author - the author says that fewer people are entering the labor market now than previously. The author then goes ahead and says that if the economy grows then the demand will outstrip the supply. Next the author says that some companies have already started to find better ways to retain their employees i.e. the author here assumes that in order to meet the increasing demand the companies are trying to retain employees and as the demand is increasing the economy on the whole is growing. The flaw here is that it is not necessary that the economy is necessarily growing which is prompting companies to retain employees rather it could just be that they are preparing for any eventuality. Just as we have disaster management systems which are in place to ensure smooth handling of a situation in case a disaster does take place. Increasing expenditure on disaster management system does not necessarily mean that more disasters are taking place rather it could just be that the country is preparing itself for any eventuality. This argument is on similar lines and the correct answer for this is 'A'
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Re: Politician: Fewer people are entering the labor market now &nbs [#permalink] 31 Aug 2018, 03:14

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