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Measuring Unemployment
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Measuring Unemployment

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Questions and Answers

What is the minimum age required for a household member to be included in the BLS survey of household work activity?

  • 18 years
  • 14 years
  • 15 years
  • 16 years (correct)

    • What is the minimum number of hours a household member needs to work without pay in a family enterprise to be classified as employed?

  • 15 hours (correct)
  • 5 hours
  • 20 hours
  • 10 hours

    • Which of the following is NOT considered a reason for temporary absence from a job according to the BLS survey?

  • Vacation
  • Bad weather
  • Job loss (correct)
  • Illness

    • What is the definition of 'not in the labor force' according to the BLS survey?

    <p>A person who is not looking for work because they do not want a job or have given up looking</p> Signup and view all the answers

    What is the formula for calculating the labor force participation rate according to the BLS survey?

    <p>labor force / employed</p> Signup and view all the answers

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