Fill in the blanks using the number that corresponds to the correct word or phrase below Labor statistics Labor force participation rate underemployed Percentage or rate census Not in the Labor force Discouraged workers     An individual with a college degree in finance who is working as a sales clerk would be considered  . Those who have stopped looking for employment and, hence, are no longer counted in the unemployed are classified as  .  The percentage of adults in an economy who are either employed or who are unemployed and looking for a job is called  Unemployment is calculated as a    The Bureau of  tracks and reports all data related to unemployment. Children should be counted as  Those who  have quit looking fo a job, often due to being discouraged by their inability to find suitable employment are counted as  The U.S. unemployment rate, which is based on a monthly survey carried out by the U.S.  Bureau.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
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Fill in the blanks using the number that corresponds to the correct word or phrase below

  1. Labor statistics
  1. Labor force participation rate
  1. underemployed
  1. Percentage or rate
  1. census
  1. Not in the Labor force
  1. Discouraged workers

 

 

An individual with a college degree in finance who is working as a sales clerk would be considered  .

Those who have stopped looking for employment and, hence, are no longer counted in the unemployed are classified as  .

 The percentage of adults in an economy who are either employed or who are unemployed and looking for a job is called 

Unemployment is calculated as a 

 

The Bureau of  tracks and reports all data related to unemployment.

Children should be counted as 

Those who  have quit looking fo a job, often due to being discouraged by their inability to find suitable employment are counted as 

The U.S. unemployment rate, which is based on a monthly survey carried out by the U.S.  Bureau.

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