Exam 6: Jobs and Unemployment

Category Number of People (thousands) Employment 27,793 Unemployment 1,619 Working-age population 46,581 -The table above shows data reported by the Office for National Statistics for the United Kingdom in September 2000.In September 2000, the unemployment rate is

Define the unemployment rate and labor-force participation rate.Discuss the differences between these two rates.

If the working age population is 200 million, 150 million are employed, and 6 million are unemployed, the unemployment rate is ________.

The average U.S.unemployment rate during the past 80 years has been about

Unemployment benefits in western Europe are more generous than in the United States.As a result, ________ in the United States.

Assume the U.S.population is 300 million.If the working age population is 240 million, 150 million are employed, and 6 million are unemployed, what is the labor force?

Keith has just lost his job as a life guard at the beach when summer ended.Keith is

The unemployment rate is 6 percent.If the population is 300 million, and the number unemployed is 6 million and the number employed is 94 million, what is the size of the labor force?

During the last recession, Lucy was laid off from her job. Lucy is a

Integrative Questions Consider the following people: Chris quits his job as an automobile mechanic to pursue his college education full-time. Arrelo is temporarily laid off from her technical support job because of a strike by production workers. Schurita graduated from college in May and is currently looking for a job. Bo quit his job on September 1 and then, after looking for a new job, will begin his new job on October 1. Terri retired from his job on May 1. Vicki works part-time at Bainen Press to help pay her college tuition. -Terri would be classified as ________ for April and as ________ in May.

The following are groups of individuals in the population: 1.Individuals who are under 16 2.Individuals in institutional care 3.Individual in the armed forces 4.Individuals working for pay at a fulltime job 5.Individuals who are employed 6.Individuals not employed but were available for work and were looking for work 7.Individuals not employed and looking for work -Using the table above, the Current Population Survey classifies the group of individuals who are left after subtracting from the total population groups 1, 2, 3, 4, 5, and 6 as

During the Great Depression, the unemployment rate rose to a maximum of about

Janae was fired from her job with Microsoft in the 2008-09 recession because Microsoft's sales dipped. Janae's unemployment would be best classified as

In the Current Population Survey, a person is considered unemployed if the person

Entrants include people who

During an expansion, the unemployment rate generally

While in school, Kiki spends 20 hours a week as a computer programmer for Microsoft and studies 30 hours a week.

Rob is considered unemployed in the Current Population Survey if he

The unemployment rate is

Involuntary part-time workers are workers who