Exam 15: Unemployment: Identifying Unemployment

Some persons are counted as out of the labor force because they have made no serious or recent effort to look for work.However,some of these individuals may want to work even though they are too discouraged to make a serious effort to look for work.If these individuals were counted as unemployed instead of out of the labor force,then

In June 2009 the Bureau of Labor Statistics reported a U.S.foreign-born population of 35.3 million.Of these,22.7 million were employed and 1.4 million were unemployed.Based on these numbers what were the unemployment rate and the labor-force participation rate of the foreign-born U.S.population?

Scenario 28-1 Suppose that the Bureau of Labor Statistics reports that the entire adult population of Mankiwland can be categorized as follows: 25 million people employed,3 million people unemployed,1 million discouraged workers,and 1 million people who are either students,homemakers,retirees,or other people not seeking employment. -Refer to Scenario 28-1.What is the total labor force?

Gwen is an unpaid worker in her family's restaurant.The Bureau of Labor Statistics counts Gwen as

Who of the following is not included in the Bureau of Labor Statistics' "employed" category?

Who is not included in the labor force by the Bureau of Labor Statistics?

In 2016 the Bureau of Labor Statistics reported that there were 57.1 million people over age 25 whose highest level of education was some college or an associate degree.Of these,36.4 million were employed and 1.5 million were unemployed.What were the labor-force participation rate and the unemployment rate for this group?

Evidence indicates that the typical person who becomes unemployed will

Unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and skills is called

In 2016 based on people ages 15-74 the Swedish adult non-institutionalized population was about 7.3 million,the labor force was 5.2 million,and the number of people employed was 4.8 million.According to these numbers,the Swedish labor-force participation rate and unemployment rate were about

Daniel goes on vacation for four weeks.When he returns the company puts him on layoff for four weeks during which he waits to be recalled.In which weeks is Daniel counted as unemployed,if any?

Duane owns his own real estate company.The Bureau of Labor Statistics counts Duane as

Marginally attached workers are people who are

All else equal,which of the following would increase the unemployment rate? (i) An increase in the number of women who return to work after being stay-at-home mothers (ii) A preference among older men to retire early (iii) An increase in the maximum number of weeks for which someone can receive government unemployment benefits (iv) An increase in the number of previously unemployed women who stop looking for work and become discouraged workers

According to 2014 data on the U.S.population,which of the following groups of adults of prime working age (ages 25-54)had the highest unemployment rate?

Recent entrants into the labor force account for about

Suppose that some country had an adult population of about 25 million,a labor-force participation rate of 60 percent,and an unemployment rate of 6 percent.How many people were employed?

Fred operates his own business,Fred would be counted as employed

For the Bureau of Labor Statistics to place someone in the "unemployed" category,that person must

The unemployment rate is computed as the number of unemployed