C. Define the employment ratio. D. Define the civilian unemployment rate. What causes the unemployment rate to increase? What causes the unemployment rate to decrease? How has the civilian unemployment rate varied over the business cycle?

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 11RQ: If you an? out of school but working part time, are you considered employed or unemployed in U.S....
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please answer question  C & D

2. Measuring the labor force:
A. Define the labor force. What are the age groups
considered part of the labor force.
B. Define the labor force participation rate. Has the male
labor force participation rate increased or decreased since
the 1950s? What are factors behind this pattern? Has the
female labor force participation rate increased or
decreased since the 1950s? What are factors behind this
patten?
C. Define the employment ratio.
D. Define the civilian unemployment rate. What causes the
unemployment rate to increase? What causes the
unemployment rate to decrease? How has the civilian
unemployment rate varied over the business cycle?
Transcribed Image Text:2. Measuring the labor force: A. Define the labor force. What are the age groups considered part of the labor force. B. Define the labor force participation rate. Has the male labor force participation rate increased or decreased since the 1950s? What are factors behind this pattern? Has the female labor force participation rate increased or decreased since the 1950s? What are factors behind this patten? C. Define the employment ratio. D. Define the civilian unemployment rate. What causes the unemployment rate to increase? What causes the unemployment rate to decrease? How has the civilian unemployment rate varied over the business cycle?
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