Exam 15: Jobs and Unemployment

The labor force is the

Using the table above,the Current Population Survey classifies the group of individuals who are left after subtracting from the total population groups 1,2,3,4,5,and 6 as

Countries with higher than average unemployment rates have ________ compared to the United States.

-The table above gives the number of people employed and the number of people unemployed in Canada,Japan,and the United States on the average during 1999.In 1999,the unemployment rate in ________ was the highest and the unemployment rate in ________ was the lowest.

Tommy graduates from college and starts to look for a job.Tommy is

According to the scenario above,in which of the following groups are all the people structurally unemployed?

Since 2008,the U.S.labor force participation rate for men has ________ and for women has ________.

Structural unemployment includes people who become unemployed from

In 1994,the Bureau of Labor Statistics started to report

Cyclical unemployment is

Harry works at the video rental store for 20 hours per week.He's asked his boss to allow him to work 40 hours per week,but has been told that business is too slow.Harry is considered

Discouraged workers are included in the calculation of the I.unemployment rate. Ii.labor force participation rate. Iii.working-age population.

Structural unemployment is the result of

When cyclical unemployment is zero,

Part-time workers for noneconomic reasons are people who

Which of the following describe the United States' unemployment rate over the last 80 years? I.The unemployment rate has decreased each year since the Great Depression. Ii.The unemployment rate has averaged about 5.7 percent since 1929. Iii.Job creation due to defense spending and consumer spending in the 1960s drove the unemployment rate to one of its lowest level.

Consider the following scenario.Initially the economy has 90 million people working,10 million people unemployed,and 20 million people not in the labor force.Then prospects for the economy improve.Five million people who previously were not in the labor force now join the 10 million previously unemployed in looking for work.For now,the economy remains with 90 million workers.What happens to the unemployment rate?

Which of the following would be considered a marginally attached worker? I.Amy,who is working 20 hours per week at her father's business Ii.Carl,who isn't working and has not looked for work in 3 months because he has been turned down for work when he last looked Iii.Keke,who quit her job to take care of her daughter

If real GDP exceeds potential GDP,then the unemployment rate ________ the natural unemployment rate.

Explain how the labor force participation rate,the unemployment rate,and the percentage of the labor force employed part time change in a recession.