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This article explains the concepts of unemployment, labor force participation, and different types of unemployment. It also discusses the impact of unemployment benefits and full employment on the economy.
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22 Jobs and Unemployment CLICKER QUESTIONS
Checkpoint 22.3 Checkpoint 22.1 Checkpoint 22.2 Question 1 Question 5 Question 8 Question 6 Question 2 Question 9 Question 7 Question 3 Question 10 Question 4
CHECKPOINT 22.1 Question 1 Bo is available and willing to work but has not actively looked for work in the past four weeks. Bo is ____ of the labor force and is ____. • part; counted as being unemployed • part; not counted as being unemployed • not part; not counted as being unemployed • not part; counted as being unemployed only if she has had a job within the last 12 months • not part; counted as being unemployed regardless of whether or not she has held a job within the last 12 months
CHECKPOINT 22.1 Question 2 If the working-age population is 200 million, 150 million are employed, and 6 million are unemployed, then the unemployment rate is ____. • 3.0 percent • 25.0 percent • 4.0 percent • 12.0 percent • 3.8 percent
CHECKPOINT 22.1 Question 3 The official measure of the unemployment rate counts marginally attached workers as ______. • employed but not as part of the labor force • employed and as part of the labor force • unemployed and as part of the labor force • not part of the labor force • unemployed but not as part of the labor force
CHECKPOINT 22.1 Question 4 Part-time workers for noneconomic reasons are people who _______. • work less than 35 hours a week but would like to work more than 35 hours a week • work more than 35 hours a week but would like to work fewer than 35 hours a week • have lost their jobs within the last four weeks and are seeking another job • do not want to work full time • are discouraged workers
CHECKPOINT 22.2 Question 5 In 2011, part-time workers for noneconomic reasons were about ____ million people, and part-time workers for economic reasons were about ____ million people. • 9; 18 • 15; 15 • 1; 25 • 10; 10 • 18; 9
CHECKPOINT 22.2 Question 6 From 1960 to 2010, male labor force participation rate ____ and the female labor force participation rate ____. • increased; increased • decreased rapidly; decreased slowly and now the two labor force participation rates are now equal • decreased; increased • decreased; decreased • did not change; increased
CHECKPOINT 22.2 Question 7 The number of part-time workers for economic reasons ____ during a recession and the number of part-time workers for noneconomic reasons ____. • increases; increases during a recession • increases; decreases during a recession • increases; is relatively steady • does not change; is relatively steady • decreases; increases
CHECKPOINT 22.3 Question 8 Tommy graduates from college and as he searches for a job, he is _______. • frictionally unemployed • structurally unemployed • cyclically unemployed • seasonally unemployed • a marginally attached worker
CHECKPOINT 22.3 Question 9 Other things remaining the same, an increase in unemployment benefits will ____ . • increase structural unemployment • decrease structural unemployment • increase cyclical unemployment • increase frictional unemployment • decrease cyclical unemployment
CHECKPOINT 22.3 Question 10 When the economy is at full employment, the _______. • natural unemployment rate is zero • amount of cyclical unemployment is zero • amount of structural unemployment is zero • amount of unemployment is zero • amount of frictional unemployment is zero