4. Which of the following individuals would be included in the labor force? A student who...
4. Which of the following individuals would be included in the labor force?
- A student who is still in school, but not working or looking for work.
- A part-time store clerk who is looking for another job.
- A person who voluntarily runs a charity.
- A person who spends the entire day taking care of his or her own young children at home.
Homework Answers
A person who is in the age group of 16 to 58 years and looking for the work at the current wage rate will be part of the labor force. Those who are able to find job, they will be considered employed and those who do not get job, they will be considered unemployed.
Labor force= employed+ unemployed
A student who is still in school, but not working or looking for work. So it will not be included in the labor force.
Since a part-time store clerk who is looking for another job will fall under the category of unemployed because he is not able to get full time work at the given wage rate. Hence it will be included in the labor force.
A person who voluntarily runs a charity. Since he is running charity and not looking for the job, so he will not be considered part of labor force.
Since a person who spends the entire day taking care of his or her own young children at home, so he is not looking for the job, so he will not be considered a part of the labor force.
Hence option B will be considered part of labor force.
Hence option B is the correct answer.
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