Consider an adult who lost their job last week and now has moved to a new city and is actively searching for a new one. They lost their previous job but their skills are very current and in demand. Which of the following categories would they be in? There may be more than one
. Group of answer choices unemployed more than 27 weeks or more
a discouraged worker
working part time but wants full time work
marginally attached
frictionally unemployed
structurally unemployed
unemployed
employed
population aged 16 and above
total population
Explanation: A person is frictionally unemployed when he/she is temporarily unemployed because of switching between jobs. A frictionally unemployed person is unemployed and he/she is also in the group of 'aged 16 and above'. Moreover, the person is part of the total population.
Consider an adult who lost their job last week and now has moved to a new...
Consider an adult who lost their job last week and now has moved to a new city and is actively searching for a new one. They lost their previous job but their skills are very current and in demand. Which of the following categories would they be in? There may be more than one. unemployed more than 27 weeks or more a discouraged worker working part time but wants full time work marginally attached frictionally unemployed structurally unemployed unemployed employed...
Many millions of people in the U.S. are retired. Which of the following (there might be more than one) would they be counted in? Group of answer choices unemployed more than 27 weeks or more a discouraged worker working part time but wants full time work marginally attached frictionally unemployed structurally unemployed unemployed employed population aged 16 and above total population
checking to see if these are correct Many millions of people in the U.S. are retired. Which of the following (there might be more than one) would they be counted in: unemployed more than 27 weeks or more a discouraged worker working part time but wants full time work marginally attached frictionally unemployed structurally unemployed unemployed employed population aged 16 and above total population Which recession saw the largest fall in employment? 1970 1973-1975 1980 O 1981-1982 1991 2001 ©...
The data in this table is used in questions 1-6. Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers 2.00 discouraged workers 1.00 workers who are part time but want full time 0.10 In this table you'll find numbers for the discouraged workers and the marginally attached. Do the values above make sense -- could they happen in an...
You should recall that in class we introduced one way of measuring long-term unemployment. From data in the above table, what would it be? Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers 2.00 discouraged workers 1.00 workers who are part time but want full time 0.10
Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers 2.00 discouraged workers 1.00 workers who are part time but want full time 0.10 Please calculate the labor force participation rate. What is the "headline" (U-3) unemployment rate?
Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers 2.00 discouraged workers 1.00 workers who are part time but want full time 0.10 What is the value of the natural rate of unemployment? What is the U-6 unemployment rate? It is sometimes called the "underemployment rate" or a "broad measure of unemployment.
8.00 Category Millions total population 310 population 16 and above 250 employed 192 unemployed structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers discouraged workers 1.00 workers who are part time but want full time 2.00 0.10 What is the value of the natural rate of unemployment? What is the U-6 unemployment rate? It is sometimes called the "underemployment rate" or a "broad measure of unemployment.
Question 15 5 pts Person I quit his job because his spouse moved to another state. He is looking for a new job in the other state. Person 2 lost her job because of a decline in the overall economic activity of the country (for example, the person is a construction worker and there is less demand for houses) Person 3 lost his job because his company decided to automate (for example, self- check-out machines in the grocery store). He...
Perhaps the part of the economy that people see most directly is the labor market. These include topics like employment, unemployment, and related aspects of this market. These questions and their answers (released after this assignment is due) will help you prepare for the next quiz. Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers 2.00 discouraged workers 1.00...