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Unemployment

Total questions: 60

Worksheet time: 38mins

Name
Class
Date
1.

A person is laid off from their job manufacturing boxes due to an economic recession.

a)

frictional unemployment

b)

structural unemployment

c)

cyclical unemployment

d)

not unemployed

2.

Prior to the pandemic, we had over 5,000 open jobs in Broome County but not the skilled people to fill them. This is an example of

a)

frictional unemployment

b)

seasonal unemployment

c)

cyclical unemployment

d)

structural unemployment

3.

Santa's helpers in July would represent

a)

frictional unemployment

b)

seasonal unemployment

c)

cyclical unemployment

d)

structural unemployment

4.

As an outdoor lifeguard, you don't have control over your end date, but you expect it and can plan for it.

a)

frictional unemployment

b)

seasonal unemployment

c)

cyclical unemployment

d)

structural unemployment

5.

The result of voluntary job separations as people look for a better match as well as people entering the labor force.

a)

frictional unemployment

b)

structural unemployment

c)

cyclical unemployment

6.

Farm helpers are unemployed when the cropping season is over.

a)

frictional

b)

cyclical

c)

structural

d)

seasonal

7.

When individuals lose jobs due to a decline in the economy (aggregate demand), often during an economic recession.

a)

Structural Unemployment

b)

Cyclical Unemployment

c)

Frictional Unemployment

d)

Seasonal Unemployment

8.

Who among the following would be considered as unemployed?

a)

A graduating student of legal age to work

b)

An entrepreneur in the process of starting a new business

c)

A secretary who has resigned from work & looking at job ads

d)

A housewife running 2 internet shops at the same time

9.

Sum of the employed and the unemployed

a)

Employed

b)

Unemployment

c)

Labor Force

10.

Which of these is NOT a characteristic of an unemployed person?

a)

He/she does not work

b)

He/she has made specific efforts to find a job

c)

He/she is laid off from a job in the succeeding months

d)

He/she is undergoing a career change

11.

What is it called when a worker takes a lower skilled job when they are overqualified to earn money to pay bills?

a)

A discouraged worker

b)

Underemployed worker

c)

A seasonal worker

d)

A structural worker

12.

There are levels of unemployment. Someone who was looking for work but gave up trying is __

a)

a high school dropout

b)

discouraged worker

c)

underemployed

d)

a quitter

13.

If operators are fired and replaced with computer technology, the operators would be considered

a)

frictionally unemployed

b)

structurally unemployed

c)

cyclically unemployed

d)

dissatisfiededly unemployed dissatisfiededly unemployed

14.

Seasonal unemployment

a)

Describes recent college graduates

b)

Is predictable

c)

Is a result of changes in technology

d)

Slows the economy Slows the economy

15.

The unemployment rate will drop if

a)

A person is hired into a new job

b)

Someone who was previously laid off is rehired

c)

An unemployed person stops looking

d)

ALL of these answers are CORRECT

16.

Which of the following best defines unemployment?

a)

The state of being able to work and actively seeking work, but unable to find employment

b)

The state of being able to work, but choosing not to

c)

The total number of people who do not work

17.

Who gathers the data for the unemployment rate?

a)

US Congress

b)

US Bureau of Labor Statistics

c)

The Census Bureau

d)

Federal Reserve

18.

If an economy is at its Natural Rate of Unemployment...

a)

Only Cyclical Unemployment would be present

b)

There would be no frictional unemployment

c)

Only frictional and structural unemployment would be present

d)

Everyone is working Everyone is working

19.

What type of unemployment is a person experiencing when they are laid off during a recession?

a)

Frictional

b)

Seasonal

c)

Cyclical

d)

Structural

20.

What is considered a healthy unemployment rate (or full employment)?

a)

0%

b)

1-2%

c)

4-6%

d)

10-15%

21.

This reflects those who are actively seeking employment.

a)

full employment

b)

unemployment rate

c)

labor force

d)

underemployed

22.

This reflects those who are actively seeking employment AND those who are currently employed.

a)

full employment

b)

unemployment rate

c)

labor force

d)

underemployed

23.

You will always have this because people will always want to change jobs.

a)

frictional unemployment

b)

seasonal unemployment

c)

cyclical unemployment

d)

structural unemployment

24.
Question Image

Types of Unemployment

a)

Frictional Unemployment

1.

Trying to find a job.

b)

Cyclical

Unemployment

2.

Mirrors Economy

c)

Seasonal Unemployment

3.

Mirrors the seasons demands

d)

Structural Employment

4.

Skills do not match available jobs

e)

Under Employment

5.

Working but still not making enough.

25.

Which of the following is NOT a form of unemployment?

a)

underemployment

b)

long-term unemployment

c)

frictional unemployment

d)

structural unemployment

26.

Workers who quit their jobs to find another job is an example of frictional unemployment.

a)

False

b)

True

27.

Which is not the type of unemployment?

a)

frictional

b)

functional

c)

cyclical

d)

structural

28.

A computer programmer is laid off because of a recession

a)

Frictional

b)

Cyclical

c)

Structural

d)

Not in the labor force

29.

A literary editor leaves her job in New York to look for a new job in San Francisco

a)

Frictional

b)

Cyclical

c)

Structural

d)

Not in the labor force

30.

An unemployed college graduate is looking for his first job.

a)

Frictinoal

b)

Cyclical

c)

Structural

d)

Not in the labor force

31.

Advances in technology make the assembly-line worker's job obsolete

a)

Frictional

b)

Cyclical

c)

Structural

d)

Not in the labor force

32.

Slumping sales lead to a cashier being laid off.

a)

Frictional

b)

Cyclical

c)

Structural

d)

Not in the labor force

33.

An individual refuses to work for minimum wage

a)

Frictional

b)

Cyclical

c)

Structural

d)

Not in the labor force

34.

A high school graduate lacks the skills necessary for a particular job

a)

Frictional

b)

Cyclical

c)

Structural

d)

Not in the labor force

35.

Workers are laid off when the local manufacturing plan closes because the product make there isn't selling during a recession.

a)

Frictional

b)

Cyclical

c)

Structural

d)

Not in the labor force

36.

A skilled glass blower becomes unemployed when a new machine does her job at half the cost.

a)

Frictional

b)

Cyclical

c)

structural

d)

Not in the labor force

37.

An individual has been laid off during a recession and has been looking for work unsuccessfully for so long he has finally given up actively seeking a job. (Note: This person is known as a discouraged worker)

a)

Frictional

b)

Cyclical

c)

Structural

d)

Not in the labor force

38.

You worked for a company that makes music CDs. With the increase in consumers downloading music, your company has filed bankruptcy. You are out of a job. Which type of unemployment is this scenario?

a)

Seasonal

b)

Cyclical

c)

Structural

d)

Frictional

39.

Which type of unemployment exists in any economy due to people being in the process of moving from one job to another?

a)

Cyclical unemployment

b)

Frictional unemployment

c)

Seasonal unemployment

d)

Structural unemployment

40.

If a worker is considered to be underemployed, they are _______________ for the position they currently hold.

a)

underqualified

b)

ineligible

c)

qualified

d)

overqualified

41.

Mr. Ulrich is a twenty six year old teacher who quit his job so he could go to graduate school.

a)

Unemployed

b)

Structurally unemployed

c)

Employed

d)

Not a part of the labor force

42.

When the economy enters into a recession this type of unemployment emerges

a)

seasonal

b)

cyclical

c)

structural

d)

frictional

43.

Jessica is a full-time student who volunteers 20 hours a week at an animal shelter.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

44.

Dr. Strange (a surgeon) was in a car accident that shattered his hand and made it impossible for him to perform surgery.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

45.

Mark has been retired for the past 5 years. He is bored sitting at home and has decided to start looking for a part-time job.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

46.

Selina is getting paid $100 a week by a company to walk dogs.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

47.

Tricia was fired last week for showing up to work late for the fifth day in a row. She is now looking for a new job.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

48.

Marta stays at home and raises her 4 kids: Marty, Martina, Martha, and Martin.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

49.

Ethel no longer works as a teacher. She now lives in Florida enjoying her pension.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

50.

Seven-year-old Billy gets paid $10 each week by his parents for completing his chores.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

51.

Which of the following is NOT considered part of the labor force?

a)

Sam, 55, who is retired after teaching middle school for 30 years.

b)

Beth, 26, who just finished her medical degree and is looking for employment.

c)

Robert, 18, who lost his job when the economy entered a contraction/recession.

d)

Kate, 37, who was let go from her job when her company began to automate the work she was doing.

52.

In order to be considered part of the civilian labor force, what are the two main requirements?

a)

Be at least 21 years old and have a history of poor job performance.

b)

Be at least 18 years old and have participated in high school sports.

c)

Be at least 16 years old and actively looking for work.

d)

Be at least 45 years old and have given up on finding a job.

53.

Which type of unemployment was most commonly caused by the COVID-19 pandemic in 2020?

a)

Structural

b)

Seasonal

c)

Frictional

d)

Cyclical

54.

Cindy is retired from her career as an accountant but still works 20 hours a week as a greeter at Walmart.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

55.

Jill lost her job as an accountant getting paid over $100,000 a year. She now is working part-time at a McDonald's for $12 an hour.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

56.

True or False: Military members are counted in the labor force.

a)

True

b)

False

57.

A man with a PhD working as a waiter at Olive Garden about 20-25 hours a week.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

58.

A full time construction worker working 60+ hours a week at $18 per hour plus overtime pay.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

59.

A 52 year old out of work coal miner who stays at home but isn’t looking for a job.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force

60.

Laid off autoworker who is receiving unemployment benefits and is looking for a new job.

a)

Employed

b)

Unemployed

c)

Not in the Labor Force