2. Employment status in the household survey Respondents to the household survey end up in one of three primary categories: employed, unemployed, or not in the labor force. • An employed person is someone who worked for pay, worked for his or her own business, or was on temporary leave from a paid position during the week of the survey. • An unemployed person is someone who did not work during the survey week but was available to work and had searched for employment at some point during the previous four weeks. • A person who does not fit the criteria of employed or unemployed is not in the labor force. Based on the descriptions in the following table, classify each person as employed, unemployed, or not in the labor force. Description Sharon recently lost her job as a reporter for a major newspaper. Since then, she's been earning income by taking on about 20 hours of freelance writing work each week. Felix lost his job as a nightclub manager eight months ago. After failing to find a job, he gave up on his job search three months ago. Carlos is taking two years off from his law practice in order to care for his young daughter. Amy is a construction worker who was laid off during a recent downturn in the housing market. She did not work for pay last week, but she went for two job interviews. Status Employed Unemployed O Not in the Labor Force O O
2. Employment status in the household survey Respondents to the household survey end up in one of three primary categories: employed, unemployed, or not in the labor force. • An employed person is someone who worked for pay, worked for his or her own business, or was on temporary leave from a paid position during the week of the survey. • An unemployed person is someone who did not work during the survey week but was available to work and had searched for employment at some point during the previous four weeks. • A person who does not fit the criteria of employed or unemployed is not in the labor force. Based on the descriptions in the following table, classify each person as employed, unemployed, or not in the labor force. Description Sharon recently lost her job as a reporter for a major newspaper. Since then, she's been earning income by taking on about 20 hours of freelance writing work each week. Felix lost his job as a nightclub manager eight months ago. After failing to find a job, he gave up on his job search three months ago. Carlos is taking two years off from his law practice in order to care for his young daughter. Amy is a construction worker who was laid off during a recent downturn in the housing market. She did not work for pay last week, but she went for two job interviews. Status Employed Unemployed O Not in the Labor Force O O
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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