Chapter 21: Problem 22
What term describes the remaining level of unemployment that occurs even when the economy is healthy?
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Chapter 21: Problem 22
What term describes the remaining level of unemployment that occurs even when the economy is healthy?
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Is the higher unemployment rates for minority workers necessarily an indication of discrimination? What could be some other reasons for the higher unemployment rate?
Why do you think that unemployment rates are lower for individuals with more education?
If you are out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greeter at Wal-Mart are you considered employed or not in the labor force?
What criteria do the BLS use to count someone as employed? As unemployed?
What is structural unemployment? Give examples of structural unemployment.
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