Exam 20: Unemployment

Even though the difference in labor-force participation rates of U.S. males and females has narrowed, the labor- force participation rate of males remains higher than that of females.

The Bureau of Labor Statistics produces data on unemployment and other aspects of the labor market from a regular survey of about 60,000 households, called the Current Population Survey.

Frictional unemployment can be the consequence of

Economists have found that union workers earn about 30 to 40 percent more than similar workers who do not belong to unions.

The adult population must equal the sum of the employed, the unemployed, and those not in the labor force.

Teenagers have more frequent unemployment spells so, on average, they spend more time searching for jobs. Other thing the same, this means that teenagers have a

Right-to-work laws give workers in a unionized firm the right to choose whether to join the union.

Table 28-4 2010 Labor Data for Adults ages 16 and older) in Meditor -Refer to Table 28-4. What is the adult female labor force in Meditor?

The natural rate of unemployment is any type of unemployment that does not go away on its own even in the long run.

Cyclical unemployment refers to

Suppose that some people report themselves as unemployed when, in fact, they are working in the underground economy. If these persons were counted as employed, then

The Bureau of Labor Statistics computes unemployment rates for the entire adult population and for more narrowly defined groups.

Unemployment numbers reported by the Bureau of Labor Statistics are reported based on a

Suppose that an anti-smoking campaign in Moscow, Russia, is successful so that Muscovites smoke less and chew gum more. Tobacco companies lay off workers, while chewing gum manufacturers employ more workers. This is an example of

Data on the unemployment rate in the U.S. since 1960 show that the economy always has some unemployment and that the amount changes from year to year.

Unemployment data are collected

Table 28-4 2010 Labor Data for Adults ages 16 and older) in Meditor -Refer to Table 28-4. What is the adult male labor force in Meditor?

Table 28-2 Labor Data for Aridia -Refer to Table 28-2. The number of adults not in the labor force of Aridia in 2011 was

When unions raise wages in one part of the economy, the supply of labor increases in other parts of the economy, which reduces wages in industries that are not unionized.

Who of the following would necessarily be included in the Bureau of Labor Statistics' "unemployed" category?