Chapter 14
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| unemployed | show 🗑
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| employed | show 🗑
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| labor force | show 🗑
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| unemployment rate | show 🗑
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| show | 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's classified as employed
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| show | people ready and available to work, who have conducted a job search within the past past 12 months, but haven't searched in the past 4 weeks
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| show | unemployed in general sense
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| U3 | show 🗑
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| U1 | show 🗑
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| show | includes people who have lost a job
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| U4 | show 🗑
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| U5 | show 🗑
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| show | all-inclusive measure of unemployment and includes all of the above plus employed part-time because of economic reasons
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| show | people voluntarily enter the labor force or they are between jobs they qualify for
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| structural unemployment | show 🗑
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| show | structural unemployment often is the outcome of this
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| show | exceed the equilibrium market wage, encourage worker productivity
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| show | contractions in business cycle, viewed as harmful
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| full employment | show 🗑
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| natural rate of unemployment | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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.
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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