6. Discouraged workers Which of the following statements correctly describe discouraged workers? Check all that apply. They have searched for a job sometime within the last 12 months but have now stopped looking. They are counted as partially employed by the Bureau of Labor Statistics. They are the people who did 15 hours of unpaid work in a family-operated enterprise. They are employed workers who are looking for better positions elsewhere. The following table contains employment information for the United States from January 2009. Civilian Noninstitutional Population Employed (Number of people) 234,739,000 (Number of people) 142,099,000 Unemployed (Number of people) 11,616,000 Discouraged (Number of people) 734,000 The Bureau of Labor Statistics (BLS) calculates the official unemployment rate using the following formula: Unemployment Rate Number of persons unemployed Civilian Labor Force 6. Discouraged workers Which of the following statements correctly describe discouraged workers? Check all that apply. They have searched for a job sometime within the last 12 months but have now stopped looking. They are counted as partially employed by the Bureau of Labor Statistics. They are the people who did 15 hours of unpaid work in a family-operated enterprise. They are employed workers who are looking for better positions elsewhere. The following table contains employment information for the United States from January 2009. Civilian Noninstitutional Population Employed (Number of people) 234,739,000 (Number of people) 142,099,000 Unemployed (Number of people) 11,616,000 Discouraged (Number of people) 734,000 The Bureau of Labor Statistics (BLS) calculates the official unemployment rate using the following formula: Unemployment Rate Number of persons unemployed Civilian Labor Force
6. Discouraged workers Which of the following statements correctly describe discouraged workers? Check all that apply. They have searched for a job sometime within the last 12 months but have now stopped looking. They are counted as partially employed by the Bureau of Labor Statistics. They are the people who did 15 hours of unpaid work in a family-operated enterprise. They are employed workers who are looking for better positions elsewhere. The following table contains employment information for the United States from January 2009. Civilian Noninstitutional Population Employed (Number of people) 234,739,000 (Number of people) 142,099,000 Unemployed (Number of people) 11,616,000 Discouraged (Number of people) 734,000 The Bureau of Labor Statistics (BLS) calculates the official unemployment rate using the following formula: Unemployment Rate Number of persons unemployed Civilian Labor Force 6. Discouraged workers Which of the following statements correctly describe discouraged workers? Check all that apply. They have searched for a job sometime within the last 12 months but have now stopped looking. They are counted as partially employed by the Bureau of Labor Statistics. They are the people who did 15 hours of unpaid work in a family-operated enterprise. They are employed workers who are looking for better positions elsewhere. The following table contains employment information for the United States from January 2009. Civilian Noninstitutional Population Employed (Number of people) 234,739,000 (Number of people) 142,099,000 Unemployed (Number of people) 11,616,000 Discouraged (Number of people) 734,000 The Bureau of Labor Statistics (BLS) calculates the official unemployment rate using the following formula: Unemployment Rate Number of persons unemployed Civilian Labor Force
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 16RQ: Assess whether the following would be counted as unemployed in the Current Employment Statistics...
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning