Unemployment vocab
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | If they have actively searched for work in the last 4 weeks but aren't currently employed
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| show | Those that have worked at least 1 hour in the past 2 weeks
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| show | # of employed persons + # of unemployed persons
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| show | % o the labor force that is not currently employed
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| Labor Force Participation Rate | show 🗑
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| Employment-to-population ratio | show 🗑
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| show | Ready and available to work
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| show | Do not meet the technical definition
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| show | Those who fall between the cracks of the official rate.
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| U1 | show 🗑
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| U2 | show 🗑
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| U4 | show 🗑
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| U5 | show 🗑
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| U6 | show 🗑
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| Frictional unemployment | show 🗑
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| Structual unemployment/creative destructio | show 🗑
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| show | Those that exceed the equilibrium market wage
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| Cyclical unemployment | show 🗑
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| show | When cyclical unemployment is not present in the economy
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| show | In the long run there is a level of unemployment that the economy maintains independent of the inflation rate
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| show |
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
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Created by:
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