Measuring Unemployment
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Measuring Unemployment

Created by
@StupendousRed

Questions and Answers

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

16 years

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

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

Job loss

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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