Business, 28.02.2020 19:02 istangot7

The working-age population in Concordia was estimated to be 6.5 million in a certain year. The country's labor department announced that the total number of unemployed people in the country had gone up to 460,000 during this year while the total number of people out of the labor force decreased to 2,000,000. Oscar Lewis, a student of labor economics believes that the labor department data is flawed.

Which of the following, if true, would strengthen the argument that the data overstates unemployment?

A. The data does not cover the thousands of Concordians who work in other countries.
B. The labor bureau in Concordia does not include the country's armed forces personnel in its working-age population.
C. The government's macroeconomic study reveals that unemployment levels are likely to come down over the next one year.
D. A large proportion of employment is in the unorganized sector, which is unaccounted for in the labor bureau data.
E. The country's presidential elections held once in five years are due this year.

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The working-age population in Concordia was estimated to be 6.5 million in a certain year. The count...

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