Question

For young people, a jobless summer In July 2009, the youth unemployment rate hit 18.5 percent—the highest level since the BLS started recording youth labor statistics. The proportion of young people working was 51.4 percent, another historic low for the month of July. Source: The Wall Street Journal, August 27, 2009 The table sets out the youth labor force participation rate and youth unemployment rate. During which recession did the labor force participation rate drop the most? Recession years 1973 1974 1975 1981 1982 1990 1991 2008 2009 Participation rate Unemployment rate (percent in July) 71.9 11.1 73.2 12.4 73.0 75.3 74.7 75.1 73.6 65.1 14.0 63.0 18.5 von w During recession, the youth labor force participation rate dropped O A. the 1973-1975; the most O B. the 1981–1982; the most OC. the 1990–1991; the most OD. the 2008-2009; the most O E. each, the same amount

Answer 1

"C"

During the recession of 1990-91 the labor force participation dropped the most, that was from 75.1 to 73.6% that is 1.5%.