Exam 28: Unemployment

Consider two people who are currently out of work.Tim is not looking for work because there have been many job cuts where he lives and he doesn't think it likely that he will find work.Bev is not currently looking for work,but she would like a job and she has looked for work in the past.The Bureau of Labor Statistics considers

In the U.S. ,the National Labor Relations Board is the government agency that enforces workers' right to unionize.

Table 28-4 -Refer to Table 28-4.What is the U-5 measure of labor underutilization?

Table 28-1 Labor Data for Wrexington -Refer to Table 28-1.The labor force of Wrexington in 2004 was

Structural unemployment is often thought to explain relatively long spells of unemployment.

Government-run employment agencies and public training programs are operated by the government to try to facilitate job search and reduce unemployment.

Why have labor-force participation rates for women in the United States increased since World War II while labor-force participation rates for men have decreased?

Efficiency wages create structural unemployment.

In one year,you meet 52 people who are each unemployed for one week and eight people who are each unemployed for the whole year.What percentage of the unemployment spells you encountered was short-term,and what percentage of the unemployment you encountered in a given week was long-term?

Table 28-4 -Refer to Table 28-4.What is the U-1 measure of labor underutilization?

If an unemployed person quits looking for work,then,other things the same,the unemployment rate

Table 28-3 2003 Labor Data for Adults (age 16 and older)in Meditor -Refer to Table 28-3.What is the adult female labor-force participation rate in Meditor?

Unemployment insurance

Suppose that the adult population is 4 million,the number of unemployed is 0.25 million,and the labor-force participation rate is 75%.What is the unemployment rate?

Unions contribute to

The Bureau of Labor Statistics reported in 2005 that there were 53.23 million people over age 25 who had at least a bachelor's degree,40.59 million of whom were employed and .98 million of whom were unemployed.What were the labor-force participation rate and the unemployment rate for this group?

In the U.S. ,it is illegal for employers to interfere when workers try to organize unions.

The Bureau of Labor Statistics defines the labor force as the sum of the employed and the unemployed.

The Bureau of Labor Statistics places people in the "employed" category if they

Frictional unemployment is often thought to explain relatively short spells of unemployment.