This preview has intentionally blurred parts. Sign up to view the full document

View Full Document

Unformatted Document Excerpt

Unemployment Name:_____________________________ ____ 1. The Bureau of Labor Statistics is part of the U.S. Department of a. the Treasury. b. Commerce. c. Labor. d. the Interior. ____ 2. Measuring unemployment is the job of the a. Congressional Budget Office. b. Department of Commerce. c. Council of Economic Advisers. d. Bureau of Labor Statistics. ____ 3. The Bureau of Labor Statistics produces data on a. unemployment. b. types of employment. c. length of the average workweek. d. All of the above are correct. ____ 4. Unemployment data are collected a. from unemployment insurance claims. b. through a regular survey of about 60,000 households. c. through a regular survey of about 200,000 firms. d. using all of the above. ____ 5. The Bureau of Labor Statistics produces data on unemployment a. weekly. b. monthly. c. quarterly. d. yearly. ____ 6. Which of the following is not one of the categories into which the Bureau of Labor Statistics places each adult of each surveyed household? a. employed b. unemployed c. underemployed d. not in the labor force ____ 7. The Bureau of Labor Statistics counts a member of a surveyed household as an adult if that person is at least a. 14 years old. b. 16 years old. c. 18 years old. d. 21 years old. ____ 8. If an unemployed person quits looking for work, then, eventually the unemployment rate a. decreases and the labor-force participation rate is unaffected. b. and the labor-force participation rate both decrease. c. is unaffected and the labor-force participation rate decreases. d. and the labor-force participation rate are both unaffected. ____ 9. The Bureau of Labor Statistics reported in 2005 that there were 53.23 million people over age 25 who had at least a bachelors degree, 40.59 million of whom were employed and 0.98 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group? a. 76.3% and 1.8% b. 76.3% and 2.4% c. 78.1% and 1.8% d. 78.1% and 2.4% ____ 10. The Bureau of Labor Statistics reported in 2005 that there were 50.40 million people over age 25 whose highest level of education was some college or an associate degree, 33.86 million of whom were employed and 1.27 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group? a. 69.7% and 2.5% b. 69.7% and 3.6% c. 67.2% and 2.5% d. 67.2% and 3.6% ____ 11. The Bureau of Labor Statistics reported in 2005 that there were 59.98 million people over age 25 whose highest level of education was a high school degree or equivalent, 36.40 million of whom were employed and 1.93 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group?... View Full Document

End of Preview

Sign up now to access the rest of the document