Which of the following is correct?
A)The Bureau of Labor Statistics uses data collected from those applying for unemployment insurance to compute the unemployment rate.
B)The labor force includes all adults who are able to work.
C)Unpaid homemakers are counted as "employed" by the Bureau of Labor Statistics.
D)People working part time are counted as "employed" by the Bureau of Labor Statistics.

Question

Quizplus · Accepted Answer

The Bureau of Labor Statistics counts people who work part-time as employed, even if they may want to work full-time or if their job is not their primary source of income. This is because they are still working and receiving income, which is an important part of understanding the labor market. Option A is incorrect because the Bureau also collects data from household surveys, not just from unemployment insurance applications. Option B is incorrect because the labor force only includes adults who are able to work and actively seeking employment, not all adults who are able to work. Option C is incorrect because unpaid homemakers are not considered part of the labor force, and therefore are not included in the unemployment rate or employment figures.

Which of the Following Is Correct