Fill in the blanks using the number that corresponds to the correct word or phrase below 1. Labor statistics 2. Labor force participation rate 3. underemployed 5. census 7. Discouraged workers 4. Percentage or rate 6. Not in the Labor force An individual with a college degree in finance who is working as a sales clerk would be considered Those who have stopped looking for employment and, hence, are no longer counted in the unemployed are classified as The percentage of adults in an economy who are either employed or who are unemployed and looking for a job is called

Fill in the blanks using the number that corresponds to the correct word or phrase below 1. Labor statistics 2. Labor force participation rate 3. underemployed 5. census 7. Discouraged workers 4. Percentage or rate 6. Not in the Labor force An individual with a college degree in finance who is working as a sales clerk would be considered Those who have stopped looking for employment and, hence, are no longer counted in the unemployed are classified as The percentage of adults in an economy who are either employed or who are unemployed and looking for a job is called

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter12: The American Labor Force

Section: Chapter Questions

Problem 9AA

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The Current Population Survey reports the data for last month: 73 million people had full-time jobs. 10 million people had part-time jobs. 5 million people had no work but were available and had looked for work in the past four weeks. 36 million people of working age did not have jobs and did not want jobs. Calculate last month's labor force and working-age population. 3 tries left Last month, the labor force was was million. A. 98; 134 OB. 93; 124 OC. 88; 134 D. 88; 124 million and the working-age population
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Fill in the blanks using the number that corresponds to the correct word or phrase below Labor statistics Labor force participation rate underemployed Percentage or rate census Not in the Labor force Discouraged workers An individual with a college degree in finance who is working as a sales clerk would be considered . Those who have stopped looking for employment and, hence, are no longer counted in the unemployed are classified as . The percentage of adults in an economy who are either employed or who are unemployed and looking for a job is called Unemployment is calculated as a The Bureau of tracks and reports all data related to unemployment. Children should be counted as Those who have quit looking fo a job, often due to being discouraged by their inability to find suitable employment are counted as The U.S. unemployment rate, which is based on a monthly survey carried out by the U.S. Bureau.
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These refer to the percentage of people who do not have a job and are not looking for a job a. Out of labor force b. Labor force c. Unemployed d. Employed
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Which of the following statements are TRUE? Explain why. 1. Someone who has been laid off for eight weeks due to COVID-19 and is not looking for work since they are waiting to be called back to their old job in two months would be counted as not in the labour force by Statistics Canada. 2. Someone who is working part time but would prefer to work full time is counted by Statistics Canada as employed. 3. Someone who is out of work but has given up looking for work is counted by Statistics Canada as not in the labour force. 4. The Canadian working-age population consists of individuals 16 years of age and over.
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