Exhibit 12-3 Unemployment categories $$\begin{array} { | l | c | }
\hline \text { Category } & \text { Workers } \
\hline \text { Frictional unemployment } & 250 \
\text { Structural unemployment } & 350 \
\text { Cyclical unemployment } & 600 \
\text { Discouraged workers } & 400 \
\text { Underemployment } & 450 \
\hline
\end{array}$$ According to data in Exhibit 12-3 and assuming the total number people working is 8,400, the civilian labor force is

Question

Exhibit 12-3 Unemployment categories $$\begin{array} { | l | c | } 
\hline \text { Category } & \text { Workers } \
\hline \text { Frictional unemployment } & 250 \
\text { Structural unemployment } & 350 \
\text { Cyclical unemployment } & 600 \
\text { Discouraged workers } & 400 \
\text { Underemployment } & 450 \
\hline
\end{array}$$ According to data in Exhibit 12-3 and assuming the total number people working is  8,400, the civilian labor force is

Quizplus · Accepted Answer

The civilian labor force includes employed and unemployed workers actively seeking work. Add the employed (8,400) and unemployed (250+350+600) to get 9,600. Discouraged workers and underemployment are not included in the labor force calculation.

Exhibit 12-3 Unemployment Categories According to Data in Exhibit 12-3 and Assuming the Total