A part-time worker who would like to work full-time is considered? a) employed b) cyclically unemployed...
Homework Answers
"A"
A person having a job will be considered as employed, if he is not getting a full time job he will be considered as underemployed but still he is employed.
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part-time worker who would like to work full-time is considered?
a) employed
b) cyclically unemployed...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. b) The labour force survey does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. c) How...
Which of the following individuals would be considered unemployed by the official government definition? Select one:...
Which of the following individuals would be considered unemployed by the official government definition? Select one: O a. George, a mathematician, who returned to graduate school after failing to find a job the last four months b. Gwen, a medical student, who is still in college and is not working c. Morgan, who is employed part-time but desires a full-time job d. Ralph, an auto worker vacationing in Florida during a layoff at a General Motors plant O
Determine if the following individuals are frictionally unemployed, cyclically unemployed or structurally unemployed. a. Angela is...
Determine if the following individuals are frictionally unemployed, cyclically unemployed or structurally unemployed. a. Angela is unemployed due to a decrease in the demand for workers with knowledge of a certain computer programming language. b. Althea, a brilliant new Ph.D. in economics, has turned down many job offers because she hopes eventually to teach at one of the top 10 universities in her field. c. Michael is a musician who is out of work because electronic equipment replaced live musicians...
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....
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...
Select the answer that best describes an underemployed worker. O Cathy, who works full time as...
Select the answer that best describes an underemployed worker. O Cathy, who works full time as a kindergarten teacher Jessica, a full-time college student O Heather, who was laid off six months ago and gave up trying to find a new job two O Bill, who is retired but works part time as a mechanic to stay active O Benny, who works part time as a contract author but would prefer to work full time When the official unemployment rate...
if Samantha quits her job voluntarily and actively searches for other work, then she is considered...
if Samantha quits her job voluntarily and actively searches for other work, then she is considered A) structurally unemployed. B) frictionally unemployed. C) cyclically unemployed. D) not to be unemployed.
Click to select options: Frictional unemployment Structural unemployment Not employed Cyclical unemployment Part 1: In each...
Click to select options:
Frictional unemployment
Structural unemployment
Not employed
Cyclical unemployment
Part 1: In each of the following examples, identify whether the individual is experiencing cyclical unemployment, frictional unemployment, structural unemployment, or not included in the unemploy category. a. Marge works part-time at a small retail store. She would like to work full-time, but her employer is currently unable to extend her hours. Click to select) b. Jackson just graduated from college with a business degree. He is currently...
Consider the following data for an economy in 2018: Full-time employed workers Part-time employed workers Unemployed...
Consider the following data for an economy in 2018: Full-time employed workers Part-time employed workers Unemployed workers but discouraged from job search Unemployed workers but actively seeking jobs Employed workers in the underground 85 million 20 million 5 million 12 million 7 million economy Retirees, full-time students, and stay- home parents 8 million (a) With the data above, clearly show your steps and calculate the economy's unemployment rate. (b) Briefly discuss three (3) criticisms or shortcomings of the United States'...
Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed...
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.
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 . 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...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. b) The labour force survey does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. c) How...
Which of the following individuals would be considered unemployed by the official government definition? Select one: O a. George, a mathematician, who returned to graduate school after failing to find a job the last four months b. Gwen, a medical student, who is still in college and is not working c. Morgan, who is employed part-time but desires a full-time job d. Ralph, an auto worker vacationing in Florida during a layoff at a General Motors plant O
Determine if the following individuals are frictionally unemployed, cyclically unemployed or structurally unemployed. a. Angela is unemployed due to a decrease in the demand for workers with knowledge of a certain computer programming language. b. Althea, a brilliant new Ph.D. in economics, has turned down many job offers because she hopes eventually to teach at one of the top 10 universities in her field. c. Michael is a musician who is out of work because electronic equipment replaced live musicians...
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...
Select the answer that best describes an underemployed worker. O Cathy, who works full time as a kindergarten teacher Jessica, a full-time college student O Heather, who was laid off six months ago and gave up trying to find a new job two O Bill, who is retired but works part time as a mechanic to stay active O Benny, who works part time as a contract author but would prefer to work full time When the official unemployment rate...
if Samantha quits her job voluntarily and actively searches for other work, then she is considered A) structurally unemployed. B) frictionally unemployed. C) cyclically unemployed. D) not to be unemployed.
Click to select options:
Frictional unemployment
Structural unemployment
Not employed
Cyclical unemployment
Part 1: In each of the following examples, identify whether the individual is experiencing cyclical unemployment, frictional unemployment, structural unemployment, or not included in the unemploy category. a. Marge works part-time at a small retail store. She would like to work full-time, but her employer is currently unable to extend her hours. Click to select) b. Jackson just graduated from college with a business degree. He is currently...
Consider the following data for an economy in 2018: Full-time employed workers Part-time employed workers Unemployed workers but discouraged from job search Unemployed workers but actively seeking jobs Employed workers in the underground 85 million 20 million 5 million 12 million 7 million economy Retirees, full-time students, and stay- home parents 8 million (a) With the data above, clearly show your steps and calculate the economy's unemployment rate. (b) Briefly discuss three (3) criticisms or shortcomings of the United States'...
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