If Isla goes for a tour after her college graduation, then both unemployment rate and the labor-force participation rate remain unaffected.
Employment refers to the relationship between the employee and the employer, wherein the employee is paid for the work they do on a regular basis and given paid leaves. Unemployment is the condition when people who are qualified and are in search of a job aren't able to find a suitable job that matches their qualifications. If a person is not in search of a job, then they may not be classified as unemployed. The labor force participation rate is defined as the ratio of labor force present to the total working-age population. The labor force is the sum of the employed plus the unemployed.
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Isla just graduated from college. In order to devote all her efforts to college, she didn't hold a job. She is going to tour around the country on her motorcycle for a month before she starts looking for work. Other things the same, the unemployment rate
