Exam 15: Unemployment

Some people who are employed or who are not making serious effort to find employment will report themselves as unemployed. Some people who want to find work will be counted as out of the labor force.

From time to time, the demand for workers has risen in one region of the United States and fallen in another. This illustrates

The Bureau of Labor Statistics' U­2 measure of joblessness includes job losers and job leavers.

More than 30 percent of U.S. workers leave their jobs in a typical month.

According to 2012 data on the U.S. population, which of the following groups of adults of prime working age ages 25-54) had the lowest unemployment rate?

Within the U.S. population, women of prime working age ages 25-54) have similar rates of labor-force participation than men of prime working age ages 25-54), regardless of race.

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

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

Figure 28-3 -Refer to Figure 28-3. At the equilibrium wage, how many workers are employed?

Most spells of unemployment are short, and most unemployment observed at any given time is long-term.

If all workers and all jobs were the same such that all workers were equally well suited for all jobs, then there would be no frictional unemployment.

The destruction of manufacturing jobs and workers leaving their jobs to find better ones both contribute to frictional unemployment.

Minimum-wage laws affect all workers.

Which of the following is not correct?

According to 2012 data on the U.S. population, which of the following was correct?

People who report being not in the labor force but who, in fact, want to work but have given up trying to find a job after an unsuccessful search cause the reported unemployment rate to be lower than it would otherwise be.

Cyclical unemployment refers to the year-to-year fluctuations in unemployment around its natural rate.

Which of the following causes of unemployment is not associated with a wage rate above the market equilibrium level?

The natural rate of unemployment refers to the current unemployment rate.

Tatiana is waiting to be recalled to a job from which she was laid off. Ivan was fired but has not looked for work during the last two months. Who does the Bureau of Labor Statistics count as "unemployed"?