Us bureau of labor statistics

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According to the U.S. Bureau of Labor Statistics (BLS), U.S. firms added 242,000 jobs to their payroll in February 2016. The economists regarded this outcome as a robust increase in employment over the previous month. However, the unemployment rate remained unchanged from the previous month at 4.9 percent. These figures indicate that in February 2016 the in U.S.

a. the BLS must have made a mistake in measuring the unemployment rate or the labor force participation rate.

b. the labor force participation rate must have remained unchanged.

c. the labor force participation rate must have decreased.

d.the labor force participation rate must have increased.

Reference no: EM132312375

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