Question : 21) The labor force the A) number of employed people : 1228266

21) The labor force is the

A) number of employed people plus the number of unemployed people.

B) total population divided by the number of employed people.

C) number of employed people in the working-age population.

D) working-age population minus the number of unemployed people.

E) number of employed people minus the number of unemployed people.

22) The labor force includes people who

i.are less than 16 years of age.

ii.are in institutions.

iii.are actively seeking a job but do not have a job.

A) i only

B) i and iii

C) i and ii

D) iii only

E) i, ii, and iii

23) The labor force consists of

A) the number of people who are employed.

B) the number of people who unemployed and who are actively seeking work.

C) the number of people in the working-age population who are employed or unemployed.

D) all people in the population aged 16 and over who are not in jail, a hospital, or an institution or in the U.S. Armed Forces.

E) the number of people who are employed minus the number of the people who are unemployed.

24) The labor force is defined as the number of people who

A) are employed plus the number of people who are unemployed.

B) are available and looking for work but are unable to find employment.

C) would like to have a job but have stopped seeking work.

D) would like to have a full-time job but are working part time.

E) are employed minus the number of people who are unemployed.

25) Jane is a 25 year old, full-time student. She works part time in her school library and is paid $7 an hour. She is considered to be

A) unemployed.

B) not in labor force.

C) in labor force but not working.

D) employed.

E) not in the working-age population because she is in college.

26) People over the age 16 with full-time jobs are considered to be

A) unemployed.

B) not in the labor force.

C) in the labor force and employed.

D) in the labor force unemployed.

E) in the working-age population only because they have full-time jobs.

27) If Jose is 22-years old, is available to work but does not have a job and made no specific efforts to find a job for the previous month, Jose is classified in the Current Population Survey as

A) unemployed.

B) employed.

C) not in the working-age population.

D) not in the labor force.

E) in the labor force but not in the working-age population.

28) The size of the labor force is

A) equal to the size of the population.

B) less than the number of employed workers if the number of unemployed workers is small enough.

C) less than the number of unemployed workers if the number of employed workers is small enough.

D) greater than the number of employed workers as long as there are some unemployed workers.

E) equal to the working-age population.

29) The working-age population of people over the age of 16 can be divided into two groups, people

A) in the labor force and people looking for work.

B) in the labor force and people with a job.

C) looking for work and those in the U.S. Armed Forces.

D) in the labor force and people who are not in the labor force.

E) with a job and people actively seeking a job.

30) Assume the U.S. population is 300 million. If 200 million people are of working age, 125 million are employed, and 15 million are unemployed, what is the size of the labor force?

A) 200 million

B) 140 million

C) 125 million

D) 215 million

E) 175 million