Question 3 1 pts Suppose Sally Forth is a looking for a job. She has applied to five jobs over the last few weeks. She interviewed with one but refused the job offer because the pay was too low. In economic terms, how would Sally be classified? O employed O not in the labor force O unemployed O a discouraged worker
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Sally is actively looking for a job and has applied to five jobs. She even interviewed for one but rejected the offer due to low pay. Show more…
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Philip is a discouraged worker. Sarah has no impact on the unemployment rate. Alicia is not in the labor force. How would each contribute to the unemployment rate? Would any of the three be considered a discouraged worker? Are Sarah, Alicia, and Philip unemployed, employed, or not in the labor force? Unemployment - End of Chapter Problem: Philip is unemployed because he figures that there just aren't jobs available right now, so there is no point in looking. Sarah is off. However, as bills began piling up, he found himself moving into his parents' basement. He recently gave up looking for a job, but she continues to search diligently for full-time work. Philip searched for a job for the first five weeks after being laid off. Sarah chose not to work while finishing the certification. Alicia took a part-time job in retail shortly after losing her job. After a few weeks of searching for another full-time job, Sarah decided to go back to school to get an LPN certification. In order to finish as fast as possible, Sarah, Alicia, and Philip left their jobs when another company acquired the technology start-up they worked for. Alicia is not in the labor force.
Crystal W.
1. Measuring employment, unemployment, and labor force participation Consider a tiny hypothetical economy composed entirely of the following people: Gilberto, Juanita, Lorenzo, Neha, Teresa, and Sam. Each person's employment status is given in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person's status as employed, unemployed, "not in the labor force" (if not in the civilian labor force but still part of the adult population), or "not in the adult population" if not in the civilian adult population. Person Status Gilberto is a 74-year-old professor. He teaches only one or two courses a year, but still publishes research at a productive rate. Employed Juanita is a 27-year-old recent college graduate . She did not work for pay last week, but she had two job interviews. Lorenzo is a 45-year-old accountant who has been out of work for almost a year. He became so discouraged that he gave up on his job search a couple of months ago. Teresa is a 31-year-old science teacher who taught at River Rock Middle School last year. Due to budget cuts, she was laid off at the end of the school year. It's the summer now, and after a few weeks of vacation with her family, she is looking for a part-time job as a tutor. Sam is a 20-year-old American Studies major at the University of Alabama. It's summer now, and he is working as a lifeguard in Memphis, Tennessee. Neha is a 12-year-old student at River Mountain Middle School. She babysits her younger brother and does other chores, so her parents give her an allowance of $25 per week. Not in the labor force
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