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Chapter 14

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Term
Definition
show You've been actively searching for work for more than four weeks and are currently not employed  
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show You've worked at least one hour in the past two weeks  
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Labor Force   show
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Unemployment Rate   show
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show The percentage of the working age population that is considered employed  
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Marginally Attached Workers   show
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Discouraged Workers   show
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show When people voluntarily enter the labor force  
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show When job seeker's skills aren't in demand because of geography  
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Efficiency Wages   show
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show Being let go because of major budget cuts  
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show When people all have structured jobs  
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Natural Rate of Unemployment   show
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show Those who fall between the cracks of the official unemployment rate  
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show Those who are unemployed 15 weeks or longer  
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show Those who have lost a job  
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U4   show
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show Those who are marginally attached workers  
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show All of the other categories, plus those unemployed from economic reasons  
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Creative Destruction   show
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Labor Force Participation Rate   show
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