Based on the criteria used by Statistics Canada, identify each person's status as Employed, Unemployed, "Not in the labour force" if not in the labour force but still part of the adult population, or "Not in the adult population" if not in the adult population. Person Status Edison is a 75-year-old professor. He teaches only one or two courses a year, but he's still pursuing an active research agenda. Hilary is a 35-year-old professional basketball player. She finished her last season as a player three weeks ago and is currently interviewing for a coaching position. Kevin is a 44-year-old accountant who has been out of work for almost a year. He became so discouraged that, a couple of months ago, he gave up on his job search. Simone is a 26-year-old who lost her job as a copy-editor for a local newspaper. She has spent the past few weeks out of work and interviewing for other editing jobs. She is thinking about going back to grad school if her job search doesn't succeed after a few more weeks. Rajiv is a 17-year-old who just graduated from high school. He is taking it easy this summer, relaxing by the pool with his friends and family, and volunteering part-time at the local nursing home. Maria is a 11-year-old student at East Valley Middle School. She baby-sits her younger brother and does other chores for which her parents give her an allowance of $20 per week.
Based on the criteria used by Statistics Canada, identify each person's status as Employed, Unemployed, "Not in the labour force" if not in the labour force but still part of the adult population, or "Not in the adult population" if not in the adult population. Person Status Edison is a 75-year-old professor. He teaches only one or two courses a year, but he's still pursuing an active research agenda. Hilary is a 35-year-old professional basketball player. She finished her last season as a player three weeks ago and is currently interviewing for a coaching position. Kevin is a 44-year-old accountant who has been out of work for almost a year. He became so discouraged that, a couple of months ago, he gave up on his job search. Simone is a 26-year-old who lost her job as a copy-editor for a local newspaper. She has spent the past few weeks out of work and interviewing for other editing jobs. She is thinking about going back to grad school if her job search doesn't succeed after a few more weeks. Rajiv is a 17-year-old who just graduated from high school. He is taking it easy this summer, relaxing by the pool with his friends and family, and volunteering part-time at the local nursing home. Maria is a 11-year-old student at East Valley Middle School. She baby-sits her younger brother and does other chores for which her parents give her an allowance of $20 per week.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Measuring employment, unemployment , and labour force participation
Consider a small economy composed of six people: Edison, Hilary, Kevin, Maria, Simone, and Rajiv. Each person's employment status is described in the following table.
THE OPTIONS FOR STATUS FOR ALL ARE: employed, not in adult population, not in the labor force, unemployed
Transcribed Image Text:Based on the criteria used by Statistics Canada, identify each person's status as Employed, Unemployed, "Not in the labour force" if not in the labour
force but still part of the adult population, or "Not in the adult population" if not in the adult population.
Person
Status
Edison is a 75-year-old professor. He teaches only one or two courses a year, but he's still
pursuing an active research agenda.
Hilary is a 35-year-old professional basketball player. She finished her last season as a
player three weeks ago and is currently interviewing for a coaching position.
Kevin is a 44-year-old accountant who has been out of work for almost a year. He became
so discouraged that, a couple of months ago, he gave up on his job search.
Simone is a 26-year-old who lost her job as a copy-editor for a local newspaper. She has
spent the past few weeks out of work and interviewing for other editing jobs. She is
thinking about going back to grad school if her job search doesn't succeed after a few
more weeks.
Rajiv is a 17-year-old who just graduated from high school. He is taking it easy this
summer, relaxing by the pool with his friends and family, and volunteering part-time at
the local nursing home.
Maria is a 11-year-old student at East Valley Middle School. She baby-sits her younger
brother and does other chores for which her parents give her an allowance of $20 per
week.
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