00:02
Alright, so for each of these people we want to identify if they're employed, not in the adult population, not in the labor force, or unemployed.
00:11
So in our first example, we have gilberto, 74 year old professor.
00:16
He teaches only one or two courses a year, but still publishes research at a productive rate.
00:22
So because of his activity there, he is employed.
00:27
Then we have juanita, 27 year old recent college graduate.
00:31
She did not work for pay last week, but she had two job interviews.
00:37
So we would best identify her as not being in the labor force.
00:46
Alright, then we have lorenzo, 45 year old accountant who's been out of work for most of the year.
00:50
He became so discouraged that he gave up on the job search a couple months ago.
00:55
So we would also say that he is not in the labor force.
00:59
Then we have teresa, 31 year old science teacher who taught at river rock middle school last year...