John has been without a job for 12 months and quit searching for work about three months ago.The Bureau of Labor Statistics would classify John as

Question

Quizplus · Accepted Answer

According to the Bureau of Labor Statistics, an individual is classified as unemployed if they do not have a job, are available for work, and have actively searched for work in the past four weeks. Since John has stopped searching for work, he is no longer considered part of the labor force and would be classified as not part of the labor force.

John Has Been Without a Job for 12 Months and Quit