ase in the absolute number of Americans in the workforce and the lower percentage of unemployment means that more Americans who would typically seek employment are employed than in previous years. In other words, the economy was creating jobs faster than it could fill them, given that the labor force was expanding but the unemployment rate was declining. This does not indicate whether individuals were employ
Labor Statistics & Analysis. (1969, December 31). In LotsofEssays.com. Retrieved 19:46, May 18, 2024, from https://www.lotsofessays.com/viewpaper/1695641.html