Consider the following population in our sample town. a) How many people in this population according to the BLS are unemployed? Why? b) Calculate the unemployment rate. Status Unpaid stay at home dad. Has not looked for a job in several years College president. Part-time welder. Actively looking for full time work Self-employed full-time wedding singer. Full-time physician's assistant. Retired finance professor. Last applied for work 10 weeks ago Laid-off fork-lift operator expecting to be recalled. Works for a bicycle store. Age 70 Manager of health food store Museum guard. Was not at work last week due to illness Has never been employed. Looked for a job last week. Fired from job as an investment banker. Last looked for work three weeks ago. Person Allen Ben Allison Brittany Cathy Calvin Diane David Evelyn Eli Flora Frank

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