definitions
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | persons sixteen years of age or older that don't have a job
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| employed | show 🗑
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| labor force | show 🗑
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| show | a percentage of the labor force that is not currently employed
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| show | the percentage of the working age population classified as either employed or unemployed
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| show | the percentage of the working age population that is classified as employed
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| marginally attached workers | show 🗑
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| "discouraged workers" | show 🗑
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| show | occurs when people voluntarily enter the labor force
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| show | as innovation occurs, old technologies and industries are desroyed
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| structural unemployment | show 🗑
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| show | wages that exceed the equilibrium market wage
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| cyclical unemployment | show 🗑
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| show | it occurs when cyclical unemployment is not present in the economy
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| show | it's associated with full time employment
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| show | The official unemployment rate
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| show | it only includes people unemployed fifteen weeks or longer
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| U2 | show 🗑
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| show | it adds discouraged workers to the official unemployment rate
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| show | it includes all marginally attached workers
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| show | it is the most all-inclusive measure of unemployment and includes all of those who are employed part-time because of economic reasons
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Lorenzo C
Popular Economics sets