Susie is a 15-year-old who is looking to work as a babysitter. However, no one has hired her. How would the BLS classify Susie in the current population survey when measuring the unemployment rate? A) Susie would be considered unemployed B) Susie would not be considered part of the relevant population used to measure unemployment because only individuals who are 16 or older are included. C) Susie would be considered employed D) Susie would be considered as Not in the Labor Force
Susie is a 15-year-old who is looking to work as a babysitter. However, no one has hired her. How would the BLS classify Susie in the current population survey when measuring the unemployment rate? A) Susie would be considered unemployed B) Susie would not be considered part of the relevant population used to measure unemployment because only individuals who are 16 or older are included. C) Susie would be considered employed D) Susie would be considered as Not in the Labor Force
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Susie is a 15-year-old who is looking to work as a babysitter. However, no one has hired her. How would the BLS classify Susie in the current population survey when measuring the unemployment rate?
A) Susie would be considered unemployed
B) Susie would not be considered part of the relevant population used to measure unemployment because only individuals who are 16 or older are included.
C) Susie would be considered employed
D) Susie would be considered as Not in the Labor Force
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Unemployment is a situation when a person looking for a job but cannot able to find it.
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