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Mac5: Unemployment rate, civilian labor force, discouraged worker, types of unemployment

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Last updated about 6 years ago
5 questions
1
1
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Question 1
1.

Which of the following formulas is the correct way to calculate the unemployment rate?

Question 2
2.

Question 3
3.

Ms. Kienitz has been looking for a job for the last 6 months, but hasn't been able to find one. In frustration she stops looking. How would she be classified?

Question 4
4.

You haven't been able to find a job because you lack the necessary job skills employers are looking for. What type of unemployment is this?

Question 5
5.

You recently lost your job because the economy went into a recession. What type of unemployment is this?

Which of the following groups are part of the civilian labor force?
Full time students
Children
People 16 years old and older
People who are working for pay
Stay at home parents
People who are in prison
People serving in the military
People who are looking for work