Which of the following people would be considered unemployed by the Bureau of Labor Statistics?
I. Mrs. X retires from her job 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)I only
B)II only
C)Both I and II
D)Neither I nor II

Question

Quizplus · Accepted Answer

The Bureau of Labor Statistics considers someone unemployed if they are without a job, have actively looked for work in the past four weeks, and are currently available for work. Mr. Y is laid off and expects to be rehired, which can classify him as unemployed if he is actively looking for work. Mrs. X is retired and not looking for work, so she is not considered unemployed.

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