Classify the following persons as employed, unemployed or Not in the labor force.   a.During the entire week containing the 12th of the month, Cameron Diaz misses work because she was diagnosed with stomach virus by her doctor.   b. Ethan lost his job due to the recession. He spends his mornings searching online for job openings and his afternoons filling out job applications.   c. Lydia is a stay- at-home mom raising her children and spent the weekend looking at help wanted ads.   d. JoAnn worked 17 hours for her family business during the survey week but was not paid.   e. Barbara has not been able to find work for six months. Frustrated, she has given up looking.

Considering an economy with a total labour force of 151 million people, in which 144 million people are employed and 7 million people are searching for a job. Including the people who are young but have not yet entered into the labour market, the total adult population is 228.4 million people. The retirees are 2.7 million people. Find a). Unemployment rate b). Employment rate c). Participation rate

6. During the first three months of 2009, the number of American workers counted by the Bureau of Labor Statistics (BLS) as being employed decreased by 2,451,000 (that is, by almost 2 1/2 million) yet, over the same period, the number of American workers counted by the BLS as being unemployed increased by only 2,053,000 (that is, by just a little more than 2 million). a. Explain briefly (no more than a sentence or two) how these two numbers can be consistent with one another. b. In light of the two statistics given above, would you say that the rise in the unemployment rate from 7.2 percent to 8.5 percent during the first three months of 2009 overstates or understates the severity of the recession as felt by US workers?

An economy has 100 peõple divided among the following groups: 25 have full-time jobs, 20 have one part-time job, 5 have two part-time jobs, 10 would like to work and are looking for jobs, 10 would like to work but are so discouraged they have given up looking, 10 are running their own businesses, 10 are retired, and 10 are small children. a. Calculate the labor force and the labor-force participation rate.

of the people described below, who would be counted as unemployed? Choose one or more: A a 55-year-old steel worker who was laid off 18 months ago and has given up trying to find a job OB. a 17-year-old single parent who has just been laid off and is looking for a new job OC. a second lieutenant in the U.S. Army DD. a full-time college student who plans to look for a job after graduation OE. bin able-bodied 53-year-old who took an early retirement package from her employer OF. a newly graduated Ph.D. who could not find a teaching job and is driving a taxi DG. a student who quit college to look for a modeling job in New York

Using the table, Year 2018 Year 2019 Population Labor Force Employed 3500 2000 3675 2200 1980 1800 13. What is the unemployment rate in each year? 14. Calculate the change in the number of unemployed between Year 2018 and Year 2019? 15. How is the apparent discrepancy between #13 and #14 explained?

16. 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. Someone who has been out of work for two years 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.

Ellen is downloading labor market data for the most recent month, but her connection is slow.  So far this is all she has been able to collect: Unemployment rate     6%     Participation rate      62.5%    Not in the labor force   63.5 million Find the labor force, the working-age population, the number of employed workers, and the number of unemployed workers.Instructions: Enter your responses rounded to one decimal place.Labor force:       millionWorking-age population:      millionNumber of employed workers:        millionNumber of unemployed workers:        million

The table gives information about the labour market in October 2017 in the economy of Sandy Island. Labour Market Data Number Calculate for October 2017 In October 2017 a. The unemployment rate b. The employment rate Employed 10,000 And calculate for the end of November 2017 Unemployed 3,000 c. The number of people unemployed, the number employed, and the unemployment rate Not in labour force 6,000 >>> Answer to 1 decimal place. During November 2017 Lost jobs and didn't look for new jobs 100 In October 2017: Quit jobs and retired 20 The unemployment rate is percent. Unemployed who were hired 150 Left the labour force 50 Entered the labour force to look for work 50

The country of Bada has collected the following information:    Population (working age).   240,000    Employed         180,000    Unemployed      30,000    Calculate:    Labor Force =    Unemployment rate =    Labor-force participation rate =    Classify each of the following individuals in one of the following categories: employed, unemployed, or not in the labor force.  - Last week, Elizabeth worked 10 hours as a computer programmer for the National Video Company and attended night classes at the local college. She would prefer a full-time job.