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Unemployment 6813
27.
Who of the following would be included in the Bureau of Labor Statistics’ “unemployed”
category?
a.
Miguel, who is on temporary layoff
b.
Reta, who worked only 15 hours last week
c.
Marisa, who neither has a job nor is looking for one
d.
None of the above is correct.
28.
Who of the following would be included in the Bureau of Labor Statistics’ “unemployed”
category?
a.
Juan Carlos, a full-time student who is not looking for work
b.
Kevin, who is on temporary layoff
c.
Andrea, who has retired and is not looking for work
d.
All of the above are correct.
29.
Who of the following would necessarily be included in the Bureau of Labor Statistics’
“unemployed” category?
a.
Huey, who did not work during the previous four weeks
b.
Dewey, who tried to find new employment during the previous four weeks
c.
Louie, who was an unpaid worker during the previous four weeks
d.
None of the above is correct.
30.
Who among the following would be counted as “unemployed”?
a.
Shasta, who is waiting to be recalled to a job from which she has been laid off.
b.
Karen, who neither has a job nor is looking for one.
c.
Mary, who worked only 35 hours last week.
d.
None of the above is correct.
31.
Tatiana is waiting to be recalled to a job from which she was laid off. Ivan was fired but has not
looked for work
during the last two months. Who does the Bureau of Labor Statistics count as
“unemployed”?
a.
Tatiana but not Ivan
b.
Ivan but not Tatiana
c.
both Ivan and Tatiana
d.
neither Ivan nor Tatiana
32.
Anna recently graduated from college with a degree in electrical engineering, but she has not yet
started working. To be counted as “unemployed” she
a.
does not have to have looked for work.
b.
must have looked for work no more than a week ago.
c.
must have looked for work no more than four weeks ago.
d.
must have looked for work no more than twelve weeks ago.
33.
Karena was laid off, but she is expecting to be recalled. She has not looked for work since being
laid off. Nathan is
not employed, nor was he laid off. Who is counted as “unemployed” in the
U.S. labor force statistics?
a.
1) Karena and 2) Nathan, even if Nathan has not looked for work during the previous four
weeks
b.
1) Karena and 2) Nathan, if Nathan has looked for work during the previous four weeks
c.
1) not Karena but 2) Nathan, even if Nathan has not looked for work during the previous four
weeks
d.
1) not Karena but 2) Nathan, if Nathan has looked for work during the previous four weeks
34.
Gwen is an unpaid worker in her family’s restaurant. The Bureau of Labor Statistics counts
Gwen as
a.
unemployed and in the labor force.
b.
unemployed and not in the labor force.
c.
employed and in the labor force.
d.
employed and not in the labor force.
35.
Jamarcus works part-time as a pizza delivery person in a college town. The Bureau of Labor
Statistics counts
Jamarcus as
a.
unemployed and in the labor force.
b.
unemployed and not in the labor force.
c.
employed and in the labor force.
d.
employed and not in the labor force.
36.
Maury did not work last week because fire forced an evacuation of his workplace. The Bureau of
Labor Statistics
counts Maury as
a.
unemployed and in the labor force.
b.
unemployed and not in the labor force.
c.
employed and in the labor force.
d.
employed and not in the labor force.
37.
Duane owns his own real estate company. The Bureau of Labor Statistics counts Duane as
a.
unemployed and in the labor force.
b.
unemployed and not in the labor force.
c.
employed and in the labor force.
d.
employed and not in the labor force.
38.
Eric was laid off two months ago. He has not searched for other work because he is expecting to
be recalled to
work. The Bureau of Labor Statistics counts Eric as
a.
unemployed and in the labor force.
b.
unemployed and not in the labor force.
c.
employed and in the labor force.
d.
not in the labor force.
39.
A person who is counted as “unemployed” by the Bureau of Labor Statistics
a.
is also in the labor force.
b.
must have recently looked for work or be on temporary layoff.
c.
must be at least 16 years old.
d.
All of the above are correct.
40.
Sheila is on a temporary layoff from her automobile factory job but has not looked for work in the
last four weeks. The Bureau of Labor Statistics counts Sheila as
a.
unemployed and in the labor force.
b.
unemployed and not in the labor force.
c.
employed and in the labor force.
d.
employed and not in the labor force.
41.
Jai Li just lost her job, and she has not yet started looking for a new one. The Bureau of Labor
Statistics counts Jai
Li as
a.
unemployed and in the labor force.
b.
unemployed but not in the labor force.
c.
in the labor force but not unemployed.
d.
neither in the labor force nor unemployed.
42.
Josh is a full-time college student who is not working or looking for a job. The Bureau of Labor
Statistics counts
Josh as
a.
unemployed and in the labor force.
b.
unemployed but not in the labor force.
c.
in the labor force but not unemployed.
d.
neither in the labor force nor unemployed.
43.
Christopher is an unpaid, stay-at-home father who works as a volunteer at the local Habitat for
Humanity chapter. Currently, Christopher is not looking for a paid job. The Bureau of Labor
Statistics counts Christopher as
a.
unemployed and in the labor force.
b.
unemployed but not in the labor force.
c.
in the labor force but not unemployed.
d.
neither in the labor force nor unemployed.
44.
Octavia does not currently have a job, but she has applied for several jobs in the previous week.
Eve is an unpaid
stay-at-home mom who has not searched for work in recent years. Who does
the Bureau of Labor Statistics count
as “out of the labor force”?
a.
Octavia but not Eve
b.
Eve but not Octavia
c.
both Octavia and Eve
d.
neither Octavia nor Eve
45.
The labor force equals the
a.
number of people employed.
b.
number of people employed plus the number of people unemployed.
c.
number of people employed plus the number of people unemployed plus teenagers between
ages 14 and 16
who work at least 10 hours a week.
d.
adult population.
46.
Who is included in the labor force by the Bureau of Labor Statistics?
a.
Dia, an unpaid homemaker not looking for other work
b.
Kevin, a full-time student not looking for work
c.
Sarah, who does not have a job but is looking for work
d.
None of the above is correct.
47.
Who is included in the labor force by the Bureau of Labor Statistics?
a.
Tina, who worked most of the week in a steel factory
b.
Kelly, who is temporarily laid off but expects to be recalled
c.
DJ, who does not have a job but is looking for work
d.
All of the above are correct.
48.
Who is not included in the labor force by the Bureau of Labor Statistics?
a.
Anita, who is on temporary layoff
b.
Lauren, who has retired and is not looking for work
c.
Raymond, who does not have a job but has applied for several in the last week
d.
None of the above is correct.
49.
Noah is an unpaid stay-at-home father who is not currently searching for paid work. Pete is a full-
time student who
is not looking for a job. Who is included in the labor force by the Bureau of
Labor Statistics?
a.
only Noah
b.
only Pete
c.
both Noah and Pete
d.
neither Noah nor Pete
50.
Who would be included in the labor force?
a.
Maggie, who plans to work at the newspaper next year when she turns 16 years old.
b.
Lisa, who is unhappy with her current job.
c.
Bart, who is a full-time student and uninterested in finding employment.
d.
None of the above is correct.
51.
Suppose there are a large number of men who used to work or seek work who now no longer do
either. Other
things the same, this makes
a.
the number of people unemployed rise but does not change the labor force.
b.
the number of people unemployed rise but makes the labor force fall.
c.
both the number of people unemployed and the labor force fall.
d.
the number of people unemployed fall but does not change the labor force.
52.
Suppose that the adult population in the country of Atlantis is 115 million. If 80 million people are
employed and 5
million are unemployed, then
a.
30 million are not in the labor force.
b.
35 million are in the labor force.
c.
75 million are in the labor force.
d.
35 million are not in the labor force.
6826 Unemployment
Table 28-1
Sample Population
Person
Status
Allen
Unpaid stay at home dad. Has not looked for a job in several years.
Ben
College president.
Allison
Part-time welder. Actively looking for full time work.
Brittany
Self-employed full-time wedding singer.
Cathy
Full-time physician’s assistant.
Calvin
Retired finance professor. Last applied for work 10 weeks ago.
Diane
Laid-off fork-lift operator expecting to be recalled.
David
Works for a bicycle store. Age 70.
Evelyn
Manager of health food store.
Eli
Museum guard. Was not at work last week due to illness.
Flora
Has never been employed. Looked for a job last week.
Frank
Fired from job as an investment banker. Last looked for work three weeks ago.
53.
Refer to Table 28-1. How many in the sample are unemployed?
a.
5
b.
4
c.
3
d.
2
54.
Refer to Table 28-1. How many in the sample are in the labor force?
a.
11
b.
10
c.
9
d.
8
55.
The labor-force participation rate measures the percentage of the
a.
total adult population that is in the labor force.
b.
total adult population that is employed.
c.
labor force that is employed.
d.
labor force that is either employed or unemployed.
56.
The labor-force participation rate tells us the fraction of the population that
a.
is able to participate in the labor market.
b.
has ever been employed.
c.
has chosen to participate in the labor market.
d.
has chosen not to participate in the labor market.
57.
Which of the following is correct?
a.
Labor force = number of employed.
b.
Labor force = population - number of unemployed.
c.
Unemployment Rate = number of unemployed ÷ (number of employed + number of
unemployed) × 100.
d.
Unemployment Rate = number of unemployed ÷ adult population × 100.
58.
The Bureau of Labor Statistics defines the unemployment rate as the percentage of
a.
those unemployed relative to those employed.
b.
the labor force that is unemployed.
c.
the adult population that is unemployed.
d.
the adult population that is unemployed or not in the labor force.
59.
The unemployment rate is computed as the number of unemployed
a.
divided by the labor force, all times 100.
b.
divided by the number of employed, all times 100.
c.
divided by the adult population, all times 100.
d.
times the labor-force participation rate, all times 100.
60.
The labor-force participation rate is computed as
a.
(Employed ÷ Adult Population) × 100.
b.
(Employed ÷ Labor Force) × 100.
c.
(Labor Force ÷ Adult Population) × 100.
d.
(Adult Population ÷ Labor Force) × 100.
61.
Which of the following is the correct formula for calculating the labor force participation rate?
a.
b.
c.
d.
62.
Satchel loses his job and immediately begins looking for another. Other things the same, the
unemployment rate
a.
increases, and the labor-force participation rate decreases.
b.
and the labor-force participation rate both increase.
c.
increases, and the labor-force participation rate is unaffected.
d.
is unaffected, and the labor-force participation rate decreases.
63.
Matilda just graduated from college. In order to devote all her efforts to college, she didn’t hold a
job. She is going
to tour around the country on her motorcycle for a month before she starts
looking for work. Other things the same,
the unemployment rate
a.
increases, and the labor-force participation rate decreases.
b.
and the labor-force participation rate both increase.
c.
increases, and the labor-force participation rate is unaffected.
d.
and the labor-force participation rate are both unaffected.
64.
Sheamous loses his job and decides to sit on the beach rather than look for work during the next
few months. Other
things the same, the unemployment rate
a.
increases, and the labor-force participation rate decreases.
b.
increases, and the labor-force participation rate is unaffected.
c.
is unaffected, and the labor-force participation rate decreases.
d.
and the labor-force participation rate are both unaffected.
65.
Sirius has just finished high school and started looking for his first job, but has not yet found one.
Other things the
same, the unemployment rate
a.
and the labor-force participation rate both increase.
b.
increases, and the labor-force participation rate is unaffected.
c.
is unaffected, and the labor-force participation rate increases.
d.
and the labor-force participation rate are both unaffected.
66.
If an unemployed person quits looking for work, then, eventually the unemployment rate
a.
decreases, and the labor-force participation rate is unaffected.
b.
and the labor-force participation rate both decrease.
c.
is unaffected, and the labor-force participation rate decreases.
d.
and the labor-force participation rate are both unaffected.
