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Chapter 20 - Unemployment Name 1 The Bureau of Labor...

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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 ____ 3. The Bureau of Labor Statistics produces data on ____ 4. Unemployment data are collected ____ 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? ____ 7. The Bureau of Labor Statistics counts a member of a surveyed household as an adult if that person is at least ____ 8. If an unemployed person quits looking for work, then, eventually the unemployment rate
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____ 9. The Bureau of Labor Statistics reported in 2005 that there were 53.23 million people over age 25 who had at least a bachelor’s 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? ____ 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? ____
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