Exam 6: Jobs and Unemployment

Suppose the population of Timmy Town is 1000 people and the working-age population is 800.If 200 of these people are unemployed, the unemployment rate in Timmy Town is

The biggest source of unemployment is

During a recession, the average duration of unemployment tends to

When cyclical unemployment is zero,

In the United States, the decrease in the labor force participation rate by men has been, in part, the result of

A reduction in unemployment compensation will

Reentrants are people who

In measuring the unemployment rate, part-time workers are ________ and discouraged workers are ________.

Define and give an example of how a spell of frictional unemployment can begin.

Category Number of people (millions) Total population 250 Workingage population 160 Labor force 120 Part-time workers 15 Full-time workers 100 Discouraged workers 2 -Using the table above, the unemployment rate is

After the passage of the North American Free Trade Agreement, which made it less expensive to import goods from Mexico, workers in some industries found their factories being relocated to Mexico to take advantage of lower labor costs.These workers experienced what type of unemployment?

One reason for the decline of the U.S.labor force participation rate for men since 1959 is that

Between 1959 and 2009, the labor force participation rate for women

At the peak of a business cycle, the

The working-age population consists of all the people in the population

In a recession, which unemployment rate is the highest?

When a golf caddy in Minnesota (where golf courses close in the winter) is unemployed in December, it is most likely the case that the golf caddy is

Which type of unemployment is the consequence of downturns in the business cycle?

Countries with higher than average unemployment rates have ________ compared to the United States.

During the 2008-09 recession, the U.S.unemployment rate