Q39 According to the Bureau of Labor Statistics, if you voluntarily leave your job,then youare classified as unemployed.O are eligible for unemployment compensation.O may not re-enter the labor force for six months.O are classified as a jobloser.

option A is correct answer They are classified unemployment According to bereu of statistic…

Answered: According to the Bureau of Labor…

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter20: Unemployment

Section: Chapter Questions

Problem 1PA

See similar textbooks

Similar questions

Assess whether the following would be counted as unemployed in the Current Employment Statistics survey. A husband willingly stays home with children while his wife works. A manufacturing worker whose factory just closed down. A college student doing an unpaid summer internship. A retiree. Someone who has been out of work for two years but keeps looking for a job. Someone who has been out of work for two months but isnt looking for a job. Someone who hates her present job and is actively looking for another one. Someone who decides to take a part time job because she could not find a full time position.
What is structural unemployment? Give examples of structural unemployment.
Assess whether the following would be counted as “unemployed” in the Current Employment Statistics survey. a. A husband willingly stays home with children while his wife works. b. A manufacturing worker whose factory just closed down. c. A college student doing an unpaid summer internship. d. A retiree. e. Someonewhohasbeenoutofworkfortwoyears but keeps looking for a job. f. Someone who has been out of work for two months but isn’t looking for a job. g. Someone who hates her present job and is actively looking for another one. h. Someone who decides to take a part time job because she could not find a full time position.
Between January 2012 and January 2019,U.S. employment increased by 17.3 million workers,but the number of unemployed workers declined byonly 6.3 million. How are these numbers consistentwith each other? Why might one expect a reductionin the number of people counted as unemployed tobe smaller than the increase in the number of peopleemployed?
recently read an article that concluded that, when adjusted for inflation, paychecks today have nearly the same purchase power as they did 40 years ago. As a layperson, I take this to mean that, while the ordinary American's standard of life hasn't increased in several decades, it hasn't deteriorated either. I'm struggling to reconcile this figure with the "shrinking middle class" and the need for people to work several jobs to make ends meet, both of which have progressively evolved over the same 40-year period. I assume the answer is growing housing, school, and healthcare costs, but aren't these things factored into the inflation adjustment calculation?
Let's assume that Maria is planning to go to UCSB full-time instead of getting a job. Maria: Group of answer choices is considered employed. is part of the labor force, but not actively seeking work. is not part of the labor force. is part of the labor force and what economists call a discouraged worker.
eBook References The best example of a "frictionally unemployed" worker is one who Multiple Choice O reduces productivity by causing friction in a business. O is laid off during a recessionary period in the economy.O is in the process of voluntarily switching jobs. O is discouraged and not actively seeking work.
Matt loses his job as a solar panel installer and cannot find another position with equivalent pay and benefits. As a result, he is still According to economists, which term best describes Matt? a. under employed O b. a discouraged worker O c. unemployed Od out of the labour force
New York State's updated partial unemployment system now in effectThe changes are meant for people who lost full-time work and are now working part time, 30 hours orfewer a week, and making $504 or less per week.Sunday was the first day to certify for benefits under New York State's updated partial unemployment system.The state is now using hours worked to determine how much money is paid out.It's meant for people who lost full-time work and are now working part-time, 30 hours or fewer a week andmaking $504 or less per week…If you worked zero to 10 hours, your unemployment will not be reduced, over 31 hours and you will not receivebenefits. 1) The type of unemployment being addressed n the above intervention is...a) Cyclical unemploymentb) Seasonal unemploymentc) Hidden unemploymentd) Frictional unemployment 2) The cost to the New York state demonstrated in the article is the…a) Social costb) Economic costc) Political costd) Distribution cost
QUESTION 1Which of the following is an example of an unemployed person?O. A recent college graduate who has accepted a job offer but is taking the summor off before starting their new jobO. A full-time college student focusing solely on their studiosO. A collego-oducated Starbucks barista looking for a better jobO. A stay-at-home mother of 3 childrenO. A graduate studont looking for part-time wok
Assess whether the following would be countedas “unemployed” in the Current Employment Statisticssurvey.a. A husband willingly stays home with childrenwhile his wife works.b. A manufacturing worker whose factory justclosed down.c. A college student doing an unpaid summerinternship.d. A retiree.e. Someone who has been out of work for two yearsbut keeps looking for a job.f. Someone who has been out of work for twomonths but isn’t looking for a job.g. Someone who hates her present job and isactively looking for another one.h. Someone who decides to take a part time jobbecause she could not find a full time position.
The Bureau of Labor Statistics announced that in January 2013, of all adult Americans, 143,322,000 were employed, 12,332,000 were unemployed, and 89,008,000 were not in the labor force. Use this information to calculate:the adult populationthe labor forcethe labor-force participation ratethe unemployment rate

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials of Economics (MindTap Course List)

Economics

ISBN:

9781337091992

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Brief Principles of Macroeconomics (MindTap Cours…

Economics

ISBN:

9781337091985

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Principles of Economics 2e

Economics

ISBN:

9781947172364

Author:

Steven A. Greenlaw; David Shapiro

Publisher:

OpenStax

Essentials of Economics (MindTap Course List)

Economics

ISBN:

9781337091992

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Brief Principles of Macroeconomics (MindTap Cours…

Economics

ISBN:

9781337091985

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Principles of Economics 2e

Economics

ISBN:

9781947172364

Author:

Steven A. Greenlaw; David Shapiro

Publisher:

OpenStax

Exploring Economics

Economics

ISBN:

9781544336329

Author:

Robert L. Sexton

Publisher:

SAGE Publications, Inc

Principles of Macroeconomics (MindTap Course List)

Economics

ISBN:

9781305971509

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Principles of Economics (MindTap Course List)

Economics

ISBN:

9781305585126

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

According to the Bureau of Labor Statistics, if you voluntarily leave your job, then you are classified as unemployed. O are eligible for unemployment compensation. O may not re-enter the labor force for six months. are classified as a job loser.