Homework Answers
|
Employed |
Unemployed |
Not in labor force |
|
Chung |
Bruce |
Brian |
|
Sarah |
||
|
James |
Explanation:
Part-time workers are also considered employed by BLS. So, Chung is employed.
In order to be unemployed, a person must not have a job, should be willing to work and should have searched for work in the last four weeks. So, Bruce is unemployed but Brian (looked for work 6 weeks ago) and James (looked for work 2 years ago) are not in the labor force.
Sarah is a retiree and does not have an intention to work. So, she is not in the labor force.
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