Exam 15: Jobs and Unemployment

Suppose the population is 220 million people,the labor force is 150 million people,the number of people employed is 130 million and the working-age population is 175 million people.What is the unemployment rate?

The unemployment rate is 6 percent.If the population is 300 million,and the number unemployed is 6 million and the number employed is 94 million,what is the size of the labor force?

What are the reasons some people choose to be part-time workers?

A marginally attached worker is

Over the past 50 years,the U.S.labor force participation rate has decreased for I.men. Ii.women. Iii.the over-all labor force.

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.

When the economy is at full employment,the

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

-In the table above,the unemployment rate is

In the United States over the last 50 years,

In the United States,the percentage of part-time workers who are part time for noneconomic reasons

Which of the following would be considered unemployed as part of normal labor market turnover? I.Juliet,who was fired when the company where she worked went bankrupt in a recession Ii.Hannah,who quit her job to find one that better suited her skills Iii.Charlotte,who started looking for a job upon graduation from high school

Explain the relationship(s)between full employment,cyclical unemployment,the natural unemployment rate,and potential GDP.

During a recession,the unemployment rate

John has been laid off from his job because of a general downturn in the economy.John's unemployment is best classified as

If the working-age population is 20 million and labor force is 13 million,the labor force participation rate is

In the United States,over the past 50 years the total labor force participation rate

The natural unemployment rate

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

Bo is available and willing to work but has not actively looked for work in the past month.Bo is ________ of the labor force and is ________.