72 The Bureau of Labor Statistics divides the adult population into three categories: employed, unemployed, and...
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72 The Bureau of Labor Statistics divides the adult population into three categories: employed, unemployed, and not in the labor force.
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Homework Answers
Answer : The answer is True.
Because BLS (Bureau of Labor Statistics) divide the adult population, who are above year 16 in age, into the following 3 categories :
(I) Employed people of total adult population
(II) Unemployed people of total adult population; and
(III) Labor force.
Labor force = Employed + Unemployed.
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