Save
Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password

Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Term

unemployed
click to flip
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know

Term

employed
Remaining cards (20)
Know
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

unemployment

TermDefinition
unemployed persons sixteen years or older that have looked for a job in the last four weeks, but are still currently not employed
employed persons that have worked at least an hour in the last two weeks
labor force the number of employed persons and the unemployed persons, but those who fit neither of these are not considered in the labor force
unemployment rate the percentage of the labor force that is currently unemployed
labor force participation rate percentage of the working age population classified as either employed or unemployed
marginally attached workers these are persons that have conducted a job search in the last twelve months, but have not searched in the last four weeks
discouraged workers are unemployed in a general sense but since they don't meet the technical definition, there unemployment does not have an affect on official unemployment rate
U1 the unemployment rate that only includes people unemployed fifteen weeks or longer
U2 the unemployment rate that only includes people who have lost a job a opposed to those who have quit or those who have entered or re-entered the labor force
U3 the official unemployment rate
U4 the unemployment rate that adds discouraged workers to the official unemployment rate
U5 the unemployment rate that includes all marginally attached workers
U6 the most all-inclusive measure of unemployment, which includes all those listed in the U1-U5 plus those who are employed part time because of economic reasons
fictional unemployment occurs when people voluntarily enter the labor force or when they are between jobs for which they are qualified
structural unemployment occurs when a workers skill sets are not in demand because of geography or obsolescence
creative destruction refers to the ongoing process of technological innovation and industrial deline
efficiency wages those that exceed the equilibrium market wage
cyclical unemployment occurs because of contractions in the business cycle
full employment occurs when cyclical unemployment is not present in the economy
natural rate of unemployment occurs when there is no cyclical unemployment present in the economy
employment-to-population ratio the percentage of the working age population that is classified as employed
Created by: meads16
Popular Economics sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards