Exam 15: Jobs and Unemployment

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Over the last 50 years, the U.S. labor force participation rate of men has ________ by ________ the labor force participation of women has ________. As a result, the overall U.S. labor force participation has ________.

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Between 1960 and 2010, the labor force participation rate for men

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Total Population (millions) Currently Employed (millions) Not Working and Looking for Work ( millions) Want to Work But No Longer Looking for Work (millions) 80 40 2 4 -In the table above, the unemployment rate is

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Joann has just lost her job because her company was faced with more foreign competition and decided to restructure, which reduced the number of jobs at the company. Joann is

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Which is true concerning U-2? i. It does not count marginally attached workers as unemployed. ii. It counts as unemployed workers who were laid off. iii. It is smaller than U-3.

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Bo's actions would

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During the Great Depression, the unemployment rate rose to a maximum of about

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Category Number of people Labor force 10,000 Employed 9,000 Under 16 years of age 2,000 Working-age population 12,000 -In the table above, the unemployment rate is

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As technology advancements have led to more white collar jobs,

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Which of the following is true?

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The unemployment rate generally ________ during recessions and generally ________ during expansions.

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Which of the following lowers frictional unemployment?

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Suppose the current unemployment rate is 5 percent, the labor force is 400 million people, the labor force participation rate is 80 percent and the working-age population is 500 million people. What number of people are unemployed?

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After 15 years with Ford Motor Corporation, one summer Cameron loses his job. His boss explained that his position has been downsized after the technological advances in automobile production. Cameron is best considered

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The unemployment that fluctuates over the business cycle is called

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During the Great Depression of the 1930s when the unemployment rate was exceptionally high due to the Great Depression, the government had employment programs, such as the Civilian Conservation Corps, which built campsites and planted trees. These programs were aimed at reducing which type of unemployment?

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After graduating from college, Yunis, age 22, started working for his parents' real estate business as an unpaid assistant. He works 25 hours a week helping manage rental units. In the Current Population Survey, Yunis is considered

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People who are working up to 34 hours per week but would like to work more are considered ________ .

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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

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During the 2008 - 09 recession, the U-6 measure of the unemployment rate

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