WorksheetsUnemployment
Total questions: 60
Worksheet time: 38mins
A person is laid off from their job manufacturing boxes due to an economic recession.
frictional unemployment
structural unemployment
cyclical unemployment
not unemployed
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
frictional unemployment
seasonal unemployment
cyclical unemployment
structural unemployment
Santa's helpers in July would represent
frictional unemployment
seasonal unemployment
cyclical unemployment
structural unemployment
As an outdoor lifeguard, you don't have control over your end date, but you expect it and can plan for it.
frictional unemployment
seasonal unemployment
cyclical unemployment
structural unemployment
The result of voluntary job separations as people look for a better match as well as people entering the labor force.
frictional unemployment
structural unemployment
cyclical unemployment
Farm helpers are unemployed when the cropping season is over.
frictional
cyclical
structural
seasonal
When individuals lose jobs due to a decline in the economy (aggregate demand), often during an economic recession.
Structural Unemployment
Cyclical Unemployment
Frictional Unemployment
Seasonal Unemployment
Who among the following would be considered as unemployed?
A graduating student of legal age to work
An entrepreneur in the process of starting a new business
A secretary who has resigned from work & looking at job ads
A housewife running 2 internet shops at the same time
Sum of the employed and the unemployed
Employed
Unemployment
Labor Force
Which of these is NOT a characteristic of an unemployed person?
He/she does not work
He/she has made specific efforts to find a job
He/she is laid off from a job in the succeeding months
He/she is undergoing a career change
What is it called when a worker takes a lower skilled job when they are overqualified to earn money to pay bills?
A discouraged worker
Underemployed worker
A seasonal worker
A structural worker
There are levels of unemployment. Someone who was looking for work but gave up trying is __
a high school dropout
discouraged worker
underemployed
a quitter
If operators are fired and replaced with computer technology, the operators would be considered
frictionally unemployed
structurally unemployed
cyclically unemployed
dissatisfiededly unemployed dissatisfiededly unemployed
Seasonal unemployment
Describes recent college graduates
Is predictable
Is a result of changes in technology
Slows the economy Slows the economy
The unemployment rate will drop if
A person is hired into a new job
Someone who was previously laid off is rehired
An unemployed person stops looking
ALL of these answers are CORRECT
Which of the following best defines unemployment?
The state of being able to work and actively seeking work, but unable to find employment
The state of being able to work, but choosing not to
The total number of people who do not work
Who gathers the data for the unemployment rate?
US Congress
US Bureau of Labor Statistics
The Census Bureau
Federal Reserve
If an economy is at its Natural Rate of Unemployment...
Only Cyclical Unemployment would be present
There would be no frictional unemployment
Only frictional and structural unemployment would be present
Everyone is working Everyone is working
What type of unemployment is a person experiencing when they are laid off during a recession?
Frictional
Seasonal
Cyclical
Structural
What is considered a healthy unemployment rate (or full employment)?
0%
1-2%
4-6%
10-15%
This reflects those who are actively seeking employment.
full employment
unemployment rate
labor force
underemployed
This reflects those who are actively seeking employment AND those who are currently employed.
full employment
unemployment rate
labor force
underemployed
You will always have this because people will always want to change jobs.
frictional unemployment
seasonal unemployment
cyclical unemployment
structural unemployment
Types of Unemployment
Frictional Unemployment
Trying to find a job.
Cyclical
Unemployment
Mirrors Economy
Seasonal Unemployment
Mirrors the seasons demands
Structural Employment
Skills do not match available jobs
Under Employment
Working but still not making enough.
Which of the following is NOT a form of unemployment?
underemployment
long-term unemployment
frictional unemployment
structural unemployment
Workers who quit their jobs to find another job is an example of frictional unemployment.
False
True
Which is not the type of unemployment?
frictional
functional
cyclical
structural
A computer programmer is laid off because of a recession
Frictional
Cyclical
Structural
Not in the labor force
A literary editor leaves her job in New York to look for a new job in San Francisco
Frictional
Cyclical
Structural
Not in the labor force
An unemployed college graduate is looking for his first job.
Frictinoal
Cyclical
Structural
Not in the labor force
Advances in technology make the assembly-line worker's job obsolete
Frictional
Cyclical
Structural
Not in the labor force
Slumping sales lead to a cashier being laid off.
Frictional
Cyclical
Structural
Not in the labor force
An individual refuses to work for minimum wage
Frictional
Cyclical
Structural
Not in the labor force
A high school graduate lacks the skills necessary for a particular job
Frictional
Cyclical
Structural
Not in the labor force
Workers are laid off when the local manufacturing plan closes because the product make there isn't selling during a recession.
Frictional
Cyclical
Structural
Not in the labor force
A skilled glass blower becomes unemployed when a new machine does her job at half the cost.
Frictional
Cyclical
structural
Not in the labor force
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)
Frictional
Cyclical
Structural
Not in the labor force
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?
Seasonal
Cyclical
Structural
Frictional
Which type of unemployment exists in any economy due to people being in the process of moving from one job to another?
Cyclical unemployment
Frictional unemployment
Seasonal unemployment
Structural unemployment
If a worker is considered to be underemployed, they are _______________ for the position they currently hold.
underqualified
ineligible
qualified
overqualified
Mr. Ulrich is a twenty six year old teacher who quit his job so he could go to graduate school.
Unemployed
Structurally unemployed
Employed
Not a part of the labor force
When the economy enters into a recession this type of unemployment emerges
seasonal
cyclical
structural
frictional
Jessica is a full-time student who volunteers 20 hours a week at an animal shelter.
Employed
Unemployed
Not in the Labor Force
Dr. Strange (a surgeon) was in a car accident that shattered his hand and made it impossible for him to perform surgery.
Employed
Unemployed
Not in the Labor Force
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.
Employed
Unemployed
Not in the Labor Force
Selina is getting paid $100 a week by a company to walk dogs.
Employed
Unemployed
Not in the Labor Force
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.
Employed
Unemployed
Not in the Labor Force
Marta stays at home and raises her 4 kids: Marty, Martina, Martha, and Martin.
Employed
Unemployed
Not in the Labor Force
Ethel no longer works as a teacher. She now lives in Florida enjoying her pension.
Employed
Unemployed
Not in the Labor Force
Seven-year-old Billy gets paid $10 each week by his parents for completing his chores.
Employed
Unemployed
Not in the Labor Force
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.
Which type of unemployment was most commonly caused by the COVID-19 pandemic in 2020?
Structural
Seasonal
Frictional
Cyclical
Cindy is retired from her career as an accountant but still works 20 hours a week as a greeter at Walmart.
Employed
Unemployed
Not in the Labor Force
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.
Employed
Unemployed
Not in the Labor Force
True or False: Military members are counted in the labor force.
True
False
A man with a PhD working as a waiter at Olive Garden about 20-25 hours a week.
Employed
Unemployed
Not in the Labor Force
A full time construction worker working 60+ hours a week at $18 per hour plus overtime pay.
Employed
Unemployed
Not in the Labor Force
A 52 year old out of work coal miner who stays at home but isn’t looking for a job.
Employed
Unemployed
Not in the Labor Force
Laid off autoworker who is receiving unemployment benefits and is looking for a new job.
Employed
Unemployed
Not in the Labor Force
