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Unemployment Test

Enter the letter for the matching Definition
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1.
Cyclical Unemployment
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2.
U5
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3.
U1
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4.
Employment-to-Population Ratio
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5.
U6
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6.
U4
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7.
Natural Rate of Unemployment
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8.
Marginally Attached Workers
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9.
U2
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10.
Labor Force Participating Rate
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11.
U3
A.
adds discouraged workers to the official unemployment rate
B.
all-inclusive measure of unemployment and includes all of the above plus those those who are employed part-time because of economc reasons
C.
Those are people ready and available to work, who have applied in the past 12 months, but have not searched in the last 4 weeks.
D.
People unemployed 15 weeks or longer
E.
The ratio of the working age population that is classified as employed.
F.
Occurs because of contraction in the business cycle
G.
includes all marginally attached workers
H.
People who have lost a job as oppose to those who have quite or those who have entered or reentered the labor force
I.
The percentage rate of the working age population classified as either employed or unemployed.
J.
suggests that in the long run there is a level of unemployment that the economy maintains independent of the inflation rate.
K.
To measure those who fall between the cracks of the official rate
Type the Term that corresponds to the displayed Definition.
incorrect
12.
Occurs when old technology and industries are destroyed, which frees up the resources for the new technology and its industry.
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13.
Occurs when jobs seekers skill sets are not in demand because of geography or obsolescence.
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14.
occurs when cyclical unemployment in not present in the economy
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15.
Persons sixteen or older that have actively searched for a job in the past 4 weeks without finding a job.
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16.
Those who have worked at least 1 hour in the past 2 weeks
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17.
Workers who are unemployed in the general since, but because they do not meet the technical definition they are not counted in he official unemployment rate.
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18.
Are those that exceed the equilibrium market wages
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19.
A percentage of the labor force that is not currently employed
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20.
The number of employed persons plus the number of unemployed persons
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21.
Occurs when people voluntarily enter the labor force, or they are between jobs which they are qualified for.

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Created by: WilliamJordan
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