Not in the adult population explanation the bls

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Not in the adult populationExplanation:The BLS considers a person to be unemployed if he or she is in the adult population, did not work for pay in the previous week, and has actively looked for work during the preceding 4 weeks. By this definition, the BLS classifies Ginny and Sharon as unemployed.Anyone in the adult population who worked for pay in the last week, even if unsatisfied with his or her job, is considered employed. By this definition, the BLS classifies Eric and Paolo as employed.Because Kenji is not actively seeking employment, he is not considered part of the labor force. Note that not being in the labor force is different from being unemployed. Once people leave the labor force, they are not counted when calculating the unemployment rate.Because Lucia is under the age of 16, she is not considered part of the adult population.LFPR= 100x labor force/adult population The BLS defines the labor force participation rate as the fraction of the adult population that is in the labor force—that is, those who are employed or else unemployed and actively searching for work.By this definition, Felix, Janet, and Raphael are part of the labor force because they are either working or searching for a job. In contrast, because Larry and Susan are not actively seeking employment, they are not considered part of the labor force. And because Megan is under the age of 16, she is not considered part of the adult population, and is therefore not part of the labor force.Because the adult population in this small economy is five people, and because three of them are in the labor force, the labor force participation rate is 3/5 = 60% .
The BLS defines the unemployment rate as the fraction of the labor force that is unemployed.Felix, Janet, and Raphael are part of the labor force because they are either working or searching for a job.The BLS considers a person to be unemployed if he or she is in the adult population, did not work for pay in the previous week, and has been actively seeking work during the preceding 4 weeks. By this definition, the BLS classifies Janet as unemployed.Since the size of the labor force in this small economy is three people, and since one of them is unemployed, the unemployment rate is computed as follows.100x(1/3)=33.33%2. Discouraged workersWhich of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.)Check all that apply. They have given up looking for a job + they have not looked for a job in 6 weeks, but would like a job and are available for workThey are employed workers who want to earn higher wages.They are full-time workers who would like to work only part-time.They have given up on looking for a job.They have not looked for a job in 6 weeks, but they would like a job and are available for work.

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