An individual over the age of 15 that does not have a job, is willing to work but has given up looking for work is: Select one: O employed part-time. O a discouraged worker. O unemployed. O in a specialty group.
Q: Which of the following statements correctly describe discouraged workers? (If none of the choices…
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- What is the difference between being unemployed and being out of the labor force?QUESTION 21 2010 2018 Civilian noninstitutionalized population(aged 16 or older) 223,830 257,791 Population 309,780 327,436 Unemployed 20,808 16,306 Employed 159,077 145,764 Not in the labor force 43,945 95,721 Between 2010 and 2018, the employment-population ratio регcent. OA. fell to 56.5 O B. fell to 60.4 O C. rose to 90.4 O D. stayed more or less the same, at about 45.0 O E. rose to 60.4 W E T.The population of Ectenia rs 100 people: 40 workfull-time. 20 work hal f-time but would orefer to workfull-time, 10 are looking for a job. 10 would like towork but are so discouraRed thev have Riven up looking.10 are not interested in working because theyare fu ll-time students. and 10 are retired. What is thenumber of unemoloved?a. 10b. 200 :'10d. 40
- A job seeker is one who is at least 17 years old and looking for a job. O True Colce1 80% O 75% O 60% - 20% 3 Questus 23-24 The arm bow days 10 9 ... 4 s Woge What is the labor force participation rate of this country? Leber Demand 10 20 30 40 50 60 70 80 90 100 No of Workers of thWho of the following would be included in the Bureau of Labor Statistics' "unemployed" category? Select one: O a. Cambry, a full-time student O b. Carson, who has retired O c. All of the above are correct. O d. Eric, who is on temporary layoff
- You are HR di, ector for a growing law firm in Tampa, Florida, which cu."ently has need of writing 30 legal briefs every hour. Each of your company's attorneys can write on average five briefs per hour. You are consid ring hiring four paralegals to shoulder the load; each pa alegal is a bit slower than the attorneys and can write on average only 2.5 briefs per hour. You scan the current wages in the Tampa area and notice that the attorneys in your company earn the local occupational median wage of $41.64 per hour, but that the prospective four paralegals will likely want to get paid their local occupational median wage of $23.66 per hour. a. Would /our company save money in the writing of the 30 legal briefs by hiring the four paralegals and firing some attorneys? b. The local Tampa Paralegal Union has observed that the Bureau of Labor Statistics projects that employment of paralegals over the next decade will rise considerably faster than the employment of lawyers…The news article states that "Canadian youth and students are getting hit hard by this pandemic." In May 2020 the number of unemployed 15-24 year-olds was 1,710,900 and the 15-24 year-old labour force was 2,420,800. What was the unemploy te of youth? ne employment rate was D A. 41.6 percent O B. 13.7 percent OC. 29.4 percent O D. 24.1 percentJob search is the activity of looking for job. OA. a permanent full-time B. an acceptable vacant O C. a long-term OD. a well-paid
- The labor force participation rate is the percentage of the who are members of the labor force. O A. number of women O B. working-age population O C. part-time workers O D. number unemployed Click to select your answer.The following figure shows the relationship between employment and monthly salary in the periods 1968 to 1984. Copytight o Moraw Educaton. Permsson required for reproduction or dispiay. Employment Monthly Salary ($) 250,000 4,500 230,000 4,000 210,000 190,000 3,500 170,000 150,000 3,000 130,000 2,500 110,000 Wage 90,000 2,000 70,000 Employment 50,000 1,500 1968 1970 1972 1974 1976 1978 1980 1982 1984 Using the labour supply - labour demand model, how can you rationalize the comovement between employment and wage in the period 1968-1976 The labour demand curve shifts to the left There is no way to rationalize the data The labour demand curve shifts to the right The labour supply curve shifts to the right The labour supply curve shifts to the leftQUESTION 15 Eric who previously worked in his family business without pay has now started his own sole proprietorship business. Eric will be counted in O employed category in both cases. O unemployed category before but employed category afterward. O employed category before but unemployed category afterward. KDunemployed category in both cases.