A husband willingly stays home with children while his wife works. A manufacturing worker whose factory just closed down. A college student doing an unpaid summer internship. A retiree. Someone who has been out of work for two years but keeps looking for a job. Someone who has been out of work for two months but isn't looking for a job. Someone who hates her present job and is actively looking for another one. Someone who decides to take a part time job because she could not find a full time pa

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. .   Scott has a Ph.D. He worked full-time but doesn't like his job as a dishwasher. He has applied for jobs with three companies and five universities. As soon as he gets an offer, he'll quit his current job.

Use the data below that describes a nation’s population to answer the following questions: a) How many people are unemployed each year? b) How many people are employed each year? c) What impact would a recession have on the full-employment rate of unemployment of 4.0%?                                                                         Year 1                                 Year 2 Population                                                 330 million                     335 million Labor Force                                                170 million                     175 million Unemployment rate                                  7 percent                        6 percent

Susie is a 15-year-old who is looking to work as a babysitter. However, no one has hired her. How would the BLS classify Susie in the current population survey when measuring the unemployment rate? A) Susie would be considered unemployed B) Susie would not be considered part of the relevant population used to measure unemployment because only individuals who are 16 or older are included. C) Susie would be considered employed D) Susie would be considered as Not in the Labor Force