Josh is a full-time college student who is not working or looking for a job. The Bureau of Labor Statistics counts Josh as: employed. unemployed. marginally attached worker. not in the labor force.
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Josh is a full-time college student who is not working or looking for a job. The Bureau of Labor Statistics counts Josh as:
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- Which of the following would NOT be considered unemployed? Group of answer choices A laid off autoworker from Michigan looking for a new job in California. A drama school graduate who gives up looking for acting jobs in Hollywood. A college student home for the summer looking for a construction job. A former engineer looking for a part-time job to supplement their income.A______ is a person who was employed in the civilian labor force and was either fired or laid offThree coworkers work for the same employer. Their jobs are warehouse manager, office manager, and truck driver. The sum of the annual salaries of the warehouse manager and office manager is $82,000. The office manager makes $4,000 more than the truck driver annually. The annual salaries of the warehouse manager and the truck driver total $78,000. What is the annual salary of each of the co-workers?
- Which individual is out of the labor force? John is without a job, is able to work, but is not actively looking for work. Matthew is working 40 hours per week. Mary is without a job, is able to work, and is actively looking for work. Emily is working 6 hours per week.Gertrude is not working but has been looking for work for the past year. Last week she did not look for work. Gertrude will be counted that week asJames has lost his job and has been unemployed so long that he no longer activly seeks employment. What category does James belong in? discouraged worker unemployed employed instututionalized
- John works for a government agency in California making $70,000 per year. He is being transferred to a branch office in Tennessee. The salary reduction associated with transfer is 11%. The Cost of Living Index (similar to consumer price index or equipment price index) in California is 132 whereas the Cost of Living Index in Tennessee is 95. a. How much extra income does John made as a result of the reduced Cost of Living? b. What is the adjusted salary of John based on the Cost of Living?Paulina works as a software engineer for her firm. Recently, her company was acquired by another firm that had its own information technology department. Because the new firm no longer had need of her services, Paulina's job was eliminated. What type of unemployment is Paulina experiencing?Suppose your income rises from $20,000 to $21,000 while the CPI rises from 150 to 180. Your standard of living has likely risen. Group of answer choices True False
- Imagine someone is working part time but would like to be working full time, or working in a job that is not fully using the person’s skills. In your opinion is listing this person as employed a serious flaw in the way employment statistics are gathered and reportedHow should the situation be rectified to return to full employment?An employee asks her boss whether she can transfer offices so that she can work in a different part of the country. The boss responds positively and says that the employee can choose to work in Moncton, Vancouver, or Toronto. The boss then hands the employee a list, as shown in the table below, of the salaries that she would earn in the different cities and the average price levels in those cities. Office location Salary ($) CPI Moncton 75, 000 100 Vancouver 110, 000 160 Toronto 170, 000 205 a. From a standpoint of maximizing the employee's consumption possibilities, she should choose (Click to select) Instructions: Round your answer to the nearest whole number. b. The minimum salary in Toronto the boss could offer the employee to make her indifferent between moving to Moncton and to Toronto is $
