Unemployment Practice Test

Which of the following would be considered part of the civilian, non-institutionalized adult population?

• a soldier in Afghanistan

• an individual in a mental institution

• a person that is serving jail time

• a 16-year-old babysitter

• a 21-year-old who is currently on house arrest

If the economy experiences high rates of unemployment as a result of a recession, this would be an example of _______________ unemployment

• frictional

• structural

• cyclical

• seasonal

What does it mean when a person is underemployed?

• The person has been working but now is laid off.

• The person is moving from one job to the next.

• The person is underqualified for the job they are applying for; they lack skills.

• The person has a job but they are overqualified for it.

Everly is 20-year-old who works part-time as a babysitter (she reports her income to the IRS). The Bureau of Labor Statistics counts Everly as

• unemployed and in the labor force.

• unemployed and not in the labor force.

• not in the labor force.

• employed and not in the labor force.

• underemployed and in the labor force.

Ingrid is on a leave of absence because she is pregnant. She will return after she has her child. The Bureau of Labor Statistics counts Ingrid as

• unemployed and in the labor force.

• unemployed and not in the labor force.

• employed and in the labor force.

• employed and not in the labor force.

• underemployed and in the labor force.

Jo Ellen just lost her job, and she hasn’t looked for a new job in the past 8 weeks. The Bureau of Labor Statistics counts Jo Ellen as

• unemployed and in the labor force.

• unemployed, but not in the labor force.

• in the labor force, but not unemployed.

• neither in the labor force nor unemployed.

• in the labor force, but on temporary leave.

Individuals who prefer to work, but have eliminated their job search and given up looking for a job are called

• unattached workers

• undesirable workers.

• unemployable workers.

• discouraged workers.

Determine the Unemployment rate using the following information: Unemployed workers: 5.6 million Labor Force: 140 million

• 4

• 4.1

• 5

• 5.1

Determine the Unemployment rate using the following information: Unemployed workers: 7.6 million Labor Force: 160 million

• 4.1

• 4.2

• 4.65

• 4.75

Which of the following is correct?

• Labor force = number of employed.

• Labor force = population - number of unemployed.

• Unemployment Rate = number of unemployed/labor force x 100.

• Unemployment Rate = number of unemployed/adult population x 100.

• Unemployment Rate = number of unemployed/adult population minus the military x 100.