Which of the following people would be considered unemployed by the Bureau of Labor Statistics?
I. Mrs. X retires from her job at the age of 55 and does not look for another job.
II. Mr. Y was laid off from his job as a welder, but expects to be rehired in 8 months.
A) II only
B) I only
C) both I and II
D) neither I nor II

Question

Quizplus · Accepted Answer

Mr. Y is considered unemployed because he is laid off and expects to be rehired, indicating he is available for work. Mrs. X is not considered unemployed because she is not actively seeking work.

Which of the Following People Would Be Considered Unemployed by the Bureau