Labor Force Quiz

What does the Labor Force include according to the Bureau of Labor Statistics (BLS)?

• Only military people who are employed

• All nonmilitary people who are employed or unemployed

• Only people who are currently working for pay

• Only people who are unemployed and looking for work

Which of the following is NOT a criterion for being considered "employed" by the Bureau of Labor Statistics (BLS)?

• Worked at least one hour for pay in the past week

• Worked 15+ hours without pay in a family business

• Held jobs but are not working due to illness, vacation, labor disputes, bad weather

• Being 16+ and never having worked

Who are considered unemployed according to the learning material?

• Full-time students and retirees

• Those who have not looked for a job in the past four weeks

• Those who do not have a job and are not actively seeking work

• Individuals temporarily out of work or who have looked for a job within the past four weeks

What term is used to describe workers who once sought work but have given up looking for a job?

• Unemployed

• Actively seeking

• Discouraged

• Employed

What major shift occurred in the labor market during the 1800s?

• Transition from factory jobs to agriculture

• Shift from agriculture to factory jobs

• Introduction of the Information Age

• Decline of heavy manufacturing

By the early 1900s, which sector was the bulk of the US labor market?

• Information technology

• Agriculture

• Heavy manufacturing

• Service industry

In which decade did personal computers start to open a new horizon in the labor market?

• 1950s

• 1960s

• 1970s

• 1980s

Over the past 100 years, how has the US economy shifted?

• From a service economy to a manufacturing economy

• From a manufacturing economy to a service economy

• From an agricultural economy to a manufacturing economy

• From a technology-based economy to a service economy

As of 2009, services accounted for what percentage of private-sector employment in the U.S.?

• More than 60 percent

• More than 70 percent

• More than 80 percent

• More than 90 percent

Which of the following is included in the service sector of the U.S. economy?

• Agriculture and mining

• Manufacturing and construction

• Financial services, banking, education, and online services

• Oil, gas, and natural resources