Numbers of people took survey 58 number reporting at least one hour per week of paid employment 22 number working less than 30hours 7 Number of people working 30 or more hours 15 number not working but actively seeking for work 8 number of not working and not looking for work who are student 30 homemakers 1 other 5 1) what is the number of employed? 2) what is the number of unemployed? 3) what is the labor force?
Numbers of people took survey 58 number reporting at least one hour per week of paid employment 22 number working less than 30hours 7 Number of people working 30 or more hours 15 number not working but actively seeking for work 8 number of not working and not looking for work who are student 30 homemakers 1 other 5 1) what is the number of employed? 2) what is the number of unemployed? 3) what is the labor force?
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
Section: Chapter Questions
Problem 1CQQ
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Question
Numbers of people took survey 58
number reporting at least one hour per week of paid employment 22
number working less than 30hours 7
Number of people working 30 or more hours 15
number not working but actively seeking for work 8
number of not working and not looking for work who are
student 30
homemakers 1
other 5
1) what is the number of employed?
2) what is the number of unemployed?
3) what is the labor force?
4)what is the
5) why might an individual have characterized themself unemployment when in fact they is not actively seeking for a job?
6)why might an individual be counted as not in labor force when that person might actually want a job?
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