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WorksheetsUnemployment and Macro
Total questions: 15
Worksheet time: 3hrs 47mins
Who gathers the data for the unemployment rate?
US Congress
US Bureau of Labor Statistics
The Census Bureau
Federal Reserve
What type of unemployment? David lost his job at Target to an self-checkout machine.
cyclical
frictional
structural
seasonal
What type of unemployment? Caroline just finished nursing school. has applied for a job at the hospital, and is awaiting a response.
seasonal
frictional
structural
cyclical
What type of unemployment is a worker experiencing when the ski slope closes in spring as temperatures warm?
Frictional
Seasonal
Cyclical
Structural
The unemployment rate is the ratio of
unemployed to labor force
employed to labor force
seeking employment to labor force
dissatisfied to labor force
What is considered a healthy unemployment rate (or full employment)?
0%
1-2%
4-6%
10-15%
Which of the following is NOT considered part of the labor force?
Sam, 55, who is retired after teaching middle school for 30 years.
Beth, 26, who just finished her medical degree and is looking for employment.
Robert, 18, who lost his job when the economy entered a contraction/recession.
Kate, 37, who was let go from her job when her company began to automate the work she was doing.
In order to be considered part of the civilian labor force, what are the two main requirements?
Be at least 21 years old and have a history of poor job performance.
Be at least 18 years old and have participated in high school sports.
Be at least 16 years old and actively looking for work.
Be at least 45 years old and have given up on finding a job.
What is the term for someone who has a part-time job but is overqualified for it and would prefer another job that is full-time and requires their skills?
Discouraged worker
Uninsured employee
An overachiever
Underemployed worker
Which type of unemployment was most commonly caused by the COVID-19 pandemic in 2020?
Structural
Seasonal
Frictional
Cyclical
Which 2 types of unemployment are considered "natural unemployment"?
Cyclical and Structural
Seasonal and Frictional
Frictional and Structural
Cyclical and Frictional
When was unemployment the highest in Haywood County?
2001
2009
2012
2020
What does the green line represent in this graph?
Why might the green line be so much higher than the red line?
What was the approximate unemployment rate in January 2025?
14%
