Question

Many millions of people in the U.S. are retired. Which of the following (there might be more than one) would they be cou...

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

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Answer #1

Retired employees are not a part of labour force. But they are very much the part of total population as well as the population which is aged 16 and above. But since they have already worked till the stipulated age of working, they are neither discouraged nor unemployed.

Select population aged 16 and above and total population.

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