Fall 2022-Econ 102
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 | is not looking for a job
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show | out of the labor force
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Matt graduated from college six months ago and is currently without work. He accepted a job that will start in three months. Today, Matt is | show 🗑
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show | the labor force minus the number of people unemployed.
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show | not in the labor force.
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Wayne did not look for another job after he lost his current job. As a result the | show 🗑
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The number of people classified as employed is 390,000 and the number of people classified as unemployed is 70,000. The size of the labor force | show 🗑
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The number of people classified as employed is 500,000 and the number of people in the labor force is 550,000. The total number of people classified as unemployed is | show 🗑
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show | 3.2%
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show | 10%
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If the number of people employed is 240,000 and the labor force is 250,000, the unemployment rate is | show 🗑
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If the unemployment rate is 7% and the number of people employed is 300,000, total number of people unemployed is approximately | show 🗑
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If the unemployment rate is 6.1% and the number of people employed is 400,000, the labor force is approximately | show 🗑
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show | 88.5%.
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show | 2,700,000 people.
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rrojas2003
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