For each of the following, indicate if the person would be classified as employed, unemployed, or not in the labour force: i. Bob, a 65-year-old man, is now working as a volunteer for 10 hours a week; ii. Madison, a university graduate who has not been able to find a position using her qualifications and is working as a wait-person for 20 hours a week; iii. David, a manufacturing worker who is out of a job but currently has given up searching for a job. iv. Sheila, a retired teacher, becomes bored and begins to look for a job.
For each of the following, indicate if the person would be classified as employed, unemployed, or not in the labour force: i. Bob, a 65-year-old man, is now working as a volunteer for 10 hours a week; ii. Madison, a university graduate who has not been able to find a position using her qualifications and is working as a wait-person for 20 hours a week; iii. David, a manufacturing worker who is out of a job but currently has given up searching for a job. iv. Sheila, a retired teacher, becomes bored and begins to look for a job.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Answer it correctly with short explanation of each.
Transcribed Image Text:For each of the following, indicate if the
person would be classified as employed,
unemployed, or not in the labour force:
i. Bob, a 65-year-old man, is now working as a
volunteer for 10 hours a week;
ii. Madison, a university graduate who has not
been able to find a position using her
qualifications and is working as a wait-person
for 20 hours a week;
iii. David, a manufacturing worker who is out
of a job but currently has given up searching
for a job.
iv. Sheila, a retired teacher, becomes bored
and begins to look for a job.
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