Which of the following is correct? The labor force includes all adults who are able to work. Unpaid homemakers (e.g. husband cooking for the family) are counted as employed under the BLS U-3 definition. People doing less than 20 hours of paid work per week are counted as employed under the BLS U-3 definition. The labor force includes everyone who does not have a job and is willing and ready to start working, even if they have not actively looked for work for more than 4 weeks.
Which of the following is correct? The labor force includes all adults who are able to work. Unpaid homemakers (e.g. husband cooking for the family) are counted as employed under the BLS U-3 definition. People doing less than 20 hours of paid work per week are counted as employed under the BLS U-3 definition. The labor force includes everyone who does not have a job and is willing and ready to start working, even if they have not actively looked for work for more than 4 weeks.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter12: The American Labor Force
Section: Chapter Questions
Problem 9AA
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Which of the following is correct?
- The labor force includes all adults who are able to work.
- Unpaid homemakers (e.g. husband cooking for the family) are counted as employed under the BLS U-3 definition.
- People doing less than 20 hours of paid work per week are counted as employed under the BLS U-3 definition.
- The labor force includes everyone who does not have a job and is willing and ready to start working, even if they have not actively looked for work for more than 4 weeks.
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