Question 1

Using the table above,the Current Population Survey classifies the group of individuals who are left after subtracting from the total population groups 1,2,3,4,5,and 6 as

Accepted Answer

The table above only gives information about the labor force, which includes groups 1-6. The individuals who are left after subtracting those groups are not classified as part of the labor force, which means they are not in the labor force. Therefore, the best choice is A) not in the labor force.

Question 2

Phillip is a 22-year old who has no job and is available for work,but has not actively looked for a job in the last month.The Current Population Survey identifies Phillip as ________,________ the labor force,and ________ the working-age population.

Accepted Answer

Phillip is not considered unemployed because he has not actively looked for a job in the last month. Therefore, he is not part of the labor force but is part of the working-age population.

Question 3

The working-age population includes

Accepted Answer

The working-age population refers to people who are over the age of 16 and are either employed or unemployed. It does not include people who are incarcerated, hospitalized or in the army. It also includes youngsters between 14 and 16 only if they are working at least part-time, but it includes all those over 16, whether they are working or not. Therefore, option C is the correct choice.

Question 4

Which of the following is true?

Accepted Answer

To be classified as employed, according to the International Labour Organization (ILO), you must work at least 1 hour per week at a paid job or 15 hours or more as an unpaid worker in your family business. This includes both full-time and part-time work. Therefore, option D is true. Options A, B and C are incorrect as they do not reflect the ILO definition. Option E is also incorrect as turning down a job offer does not automatically disqualify someone from being considered unemployed.

Question 5

Suppose a 23-year old graduate student is looking for a full-time job ,but has to take a part-time job instead.He or she will be categorized in the Current Population Survey as ________ when calculating the unemployment rate.

Accepted Answer

The student is working part-time, so they are considered employed in the Current Population Survey, even if they are seeking full-time work.

Question 6

In order to obtain the data used to calculate the unemployment rate,the Bureau of Labor Statistics

Accepted Answer

The Bureau of Labor Statistics obtains the data used to calculate the unemployment rate through a monthly survey called the Current Population Survey (CPS) that interviews approximately 60,000 households across the United States. Through this survey, the BLS is able to gather information on the employment status of individuals and calculate the unemployment rate.

Question 7

After graduating from college,Yunis,age 22,started working for his parents' real estate business as an unpaid assistant.He works 25 hours a week helping manage rental units.In the Current Population Survey,Yunis is considered

Accepted Answer

Yunis is considered part of the labor force because he is working for his family's business, even if he is not being paid. Additionally, he is working more than 15 hours per week, which is the threshold for being considered employed by the Current Population Survey.

Question 8

Using the table above,the Current Population Survey classifies the group of individuals who are left after subtracting from the total population groups 1,2,and 3 as

Accepted Answer

According to the table, groups 1, 2, and 3 represent individuals who are not in the working-age population (under 16 or institutionalized, over 65, or not able to work). Therefore, the individuals left after subtracting these groups from the total population would be the working-age population.

Question 9

Which of the following people would be classified as employed in the Current Population Survey?

Accepted Answer

E  Rich is employed because he is working, even if part-time. Laura is considered employed because she works in a family business, even if unpaid.

Question 10

An unpaid worker in a family business is classified as

Accepted Answer

An unpaid worker in a family business is considered employed if they worked at least 15 hours in the previous week according to labor force classification standards.

Question 11

In the Current Population Survey,a person is considered unemployed if the person

Accepted Answer

According to the Current Population Survey, a person is considered unemployed if they do not have a job and are actively looking for a job. This means that answer choice D, "does not have a job and is actively looking for a job," is the best choice for describing unemployment based on this survey.

Question 12

If KeKe,age 32,worked 12 hours as a paid employee the week before the Current Population Survey,KeKe is classified in the Current Population Survey as ________ when calculating the unemployment rate.

Accepted Answer

Since KeKe worked 12 hours as a paid employee, she is considered to be employed, regardless of whether she is working full-time or part-time. Therefore, she is not unemployed, a discouraged worker, or not in the labor force. Underemployment involves being employed but not working to one's full potential, which is not applicable in this scenario.

Question 13

If Brian,age 24,had no job but was available for work and had looked for a job the week before the survey,Brian is classified in the Current Population Survey as

Accepted Answer

According to the definition of unemployment by the Bureau of Labor Statistics, Brian would be considered unemployed because he is available for work, has looked for a job in the past week, and is currently without a job.

Question 14

The Bureau of Labor Statistics (BLS)compiles information about employment by

Accepted Answer

The BLS performs a monthly survey of 60,000 households to compile information about employment. This methodology allows for a large enough sample size to be representative of the entire population while still being practical in terms of data collection.

Question 15

The working-age population consists of all the people in the population

Accepted Answer

The working-age population consists of individuals who are able and available to work, which generally includes those who are not in jail, hospital or an institution, and not in the armed forces. The age range is typically 16 and over, as most countries allow individuals to work at this age. However, some countries may have a different age limit. Therefore, option C is the most accurate answer.

Question 16

To be considered unemployed,a worker must have had

Accepted Answer

To be considered unemployed, a worker must have had no employment during the week before the survey and be actively looking for a job. Part-time employment while actively looking for a full-time job or being a student is not considered being unemployed. Only answer A meets the criteria for being considered unemployed.

Question 17

The purpose of the Current Population Survey is to determine the

Accepted Answer

The Current Population Survey is conducted by the U.S. Census Bureau to determine the employment status of the population, including data on the number of employed, unemployed, and not in the labor force individuals. It also collects information on demographics and other economic indicators, but employment status is the primary focus.

Question 18

Rob is considered unemployed in the Current Population Survey if he

Accepted Answer

According to the Current Population Survey, individuals are considered unemployed if they have actively looked for a job in the last four weeks but have not found one. Therefore, option A is the correct choice. Options B, C, and D may be considered underemployed or marginally attached to the labor force, but they do not meet the definition of being unemployed. Option E is not relevant as it pertains to an individual's status as a student, not as a member of the labor force.

Question 19

If the number of people in the labor force ________,then ________.

Accepted Answer

When the number of people in the labor force increases, it means that more people are actively seeking employment, which would increase the labor force participation rate. This does not necessarily mean that the unemployment rate would decrease, as the number of available jobs may not have increased at the same rate as the labor force.

Question 20

Using the table above,the Current Population Survey classifies the group of individuals obtained by adding groups 5 and 6 as

Accepted Answer

The labor force is defined as the sum of employed and unemployed individuals. Adding groups 5 and 6 would give us the total number of individuals in the labor force. Therefore, the correct answer is B.

Quiz 15: Jobs and Unemployment