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

Last updated about 6 years ago

5 questions

1

1

1

1

1

Question 1

1.

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

number of people unemployed times civilian labor force divided by 100

number of people employed divided by unemployed times 100

number of people unemployed divided by civilian labor force times 100

number of people unemployed divided by employed times 100

Question 2

2.

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

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?

She's a discouraged worker

She's a part time worker

She's a loser

She's a seasonal worker

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?

Frictional unemployment

Seasonal unemployment

Cyclical unemployment

Structural unemployment

Question 5

5.

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

Frictional unemployment

Structural unemployment

Cyclical unemployment

Seasonal unemployment