Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check allthat apply.They have not looked for a job in 4 weeks (or longer), but they would like a job and are available for work.They are employed workers who want to earn higher wages.They are full-time workers who would like to work only part-time.They are dissatisfied with their current jobs and are considering quitting.The following table contains U.S. employment information from August 2018.Civilian Population(Persons 16 years old and over)258,066,000Employed Unemployed Discouraged(Persons) (Persons) (Persons)434,000155,604,0006,197,000The Bureau of Labor Statistics has several measures of joblessness in addition to the official unemployment rate. One alternative is the U-4 measureof labor underutilization, which is calculated as follows:Unemployed+DiscouragedU-4 = 100 X Labor Force + DiscouragedFill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization.Official Unemployment Rate U-4 Measure of Labor Underutilization(Percent)(Percent)The official unemployment rate and the U-4 measure of labor underutilization are two different measures of joblessness in the economy.If the Bureau of Labor Statistics were to include discouraged workers in the official unemployment rate, the reported unemployment rate would

The labor force is the sum of employed and unemployed workers. The unemployment rate is unemployed…

Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They have not looked for a job in 4 weeks (or longer), but they would like a job and are available for work. They are employed workers who want to earn higher wages. They are full-time workers who would like to work only part-time. They are dissatisfied with their current jobs and are considering quitting. The following table contains U.S. employment information from August 2018. Civilian Population Employed Unemployed Discouraged

Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They have not looked for a job in 4 weeks (or longer), but they would like a job and are available for work. They are employed workers who want to earn higher wages. They are full-time workers who would like to work only part-time. They are dissatisfied with their current jobs and are considering quitting. The following table contains U.S. employment information from August 2018. Civilian Population Employed Unemployed Discouraged

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

1) Employer discrimination implies that A) if the group discriminated against is small, there will be a wage differential in the market. B) some employers give up profits to avoid hiring one group. C) co-workers and customers prefer one group of workers over another. D) there will be no market wage differential. 2) Percentage goals in minority employment A) will not cause changes in the makeup of a company's workforce. B) can be met more quickly for companies that can maintain low quit rates. C) can always be met quickly if nondiscriminatory hiring is used. D) will take longer to achieve in industries with relatively lower turnover rates. 3) Comparable worth analysis in Minnesota found that A) jobs with higher measured worth received higher pay. B) jobs with higher measured worth received lower pay. C) a regression of measured worth versus pay yielded a horizontal line. D) measured worth of most jobs was completely unrelated to pay. 4) If workers in one group are discriminated against…
HVAC Services Inc. employs two hundred workers. Workers who lose their jobs with HVAC may have a right to continued health-care coverage under the company's group plan. If so, th premiums for the continued coverage are paid by the employer. the still-employed workers contributions. the unemployed workers. the federal government.
You May Be Paid More (or Less) Than You Think It’s so hard to put a price on happiness, isn’t it? But if you’ve ever had to choose between a job you like and a better-paying one that you like less, you probably wished some economist would tell you how much job satisfaction is worth. Trust in management is by far the biggest component to consider. Say you get a new boss and your trust in management goes up a bit (say, up 1 point on a 10-point scale). That’s like getting a 36-percent pay raise. In other words, that increased level of trust will boost your level of overall satisfaction in life by about the same amount as a 36-percent raise would. a. Measure trust in management on a 10-point scale, measure pay on the same 10-point scale, and think of them as two goods. Sketch an indifference curve (with trust on the x -axis) that is consistent with the news clip. b. What is the marginal rate of substitution between trust in management and pay according to this…
A) Describe the assumptions of personnel economics. How are these assumptions unique compared to other perspectives on work and the employment relationship? Provide some examples of the HR implications that result from these assumptions.
Mark graduated from college as an accountant. He currently works at Starbucks. Which of the following statements is true? Question 40 options: a) Mark is underemployed and counted as unemployed b) Mark is a discouraged worker and counted as employed c) Mark is underemployed and counted as employed d) Mark is a discouraged worker and counted as employed
Weber coined the term Protestant Work Ethic and defined proper workplace behavior as working for more than the benefit of oneself; or working just for profit. A characteristic of the protestant work ethic is wealth creation based on increased productivity and better use of resources. Do you think there are generational differences between why baby-boomers work and today’s millennial's (Gen-Y)? Discuss your perceptions.
You have been appointed as the new CEO of Tesco Stores and you want to restructure the workforce by recruiting more part time workers. Critically discuss Atkinson’s theory on the flexible firm and the growth in non-standard work employment in a country of your choice or Britain. Provide evidence that employers are reorganising the workforce in the way identified in the flexible firm?
Discuss the relationship between job rotation and strategic management
Gerhart & Newman (2020) discuss how compensation (pay) may be a measure of justice, i.e., gender, race, culture, etc. They further state that stockholders are interested in executive pay. Why does it matter, and how is it fixed? How risky are these decisions to employee retention?
Analyze the effect of junk status grading for unemployment
Problem 1: Solow On a new sheet of paper show the work for each question. Suppose the economy of an island behaves as the Solow model, version 1.0 (constant population). The production function is Cobb-Douglas (with constant returns to scale) and the exponent on capital is 0.4. Further, the productivity parameter is 50 (A), the depreciation rate is 10% (d), the savings (investment) rate is 20% (s), and the labor force (L) is equal to 50 million (and constant over time).
Sam was offered a new job that pays 20% more than his current job. He decided to reject the offer because he prefers the convenience of working from home in his current job. This is an example of: Compensating Wage Differentials Occupational Wage Structure Equalizing Differences Personal Characteristics Union Regulations