If you an? out of school but working part time, are you considered employed or
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- 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 reportedarrow_forwardhow do I define “full employment” ?arrow_forwardwhat do you understand about unemployment rate among young graduates?arrow_forward
- 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.arrow_forwardWhy there is always some level of unemployment?arrow_forwardWhat impact does technological change have on employment?arrow_forward
- These refer to the percentage of people who do not have a job and are not looking for a job a. Out of labor force b. Labor force c. Unemployed d. Employedarrow_forwardThree 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?arrow_forwardWhat economic factors determine whether a person participates in the labor force?arrow_forward
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