Asked by Guadalupe Gomes Torres on Jun 16, 2024
Verified
Anne is an accountant who lost her job in the last recession and has given up looking for work after an unsuccessful job search.Which of the following is true in this case?
A) She is a discouraged worker.
B) She is underemployed.
C) This is an example of cyclical unemployment.
D) This is an example of seasonal unemployment.
E) She is overemployed.
Discouraged Worker
An individual who is not actively looking for employment due to believing that no jobs are available for them.
Cyclical Unemployment
Unemployment that fluctuates with the business cycle, increasing during recessions and decreasing during expansions.
Unsuccessful Job Search
An unsuccessful job search refers to the situation where an individual actively looks for employment but fails to secure a job after a certain period.
- Illustrate and distinguish the differences among employment statuses such as employed, unemployed, being a discouraged worker, and not participating in the workforce.
- Understand the economic and social costs of unemployment.
Verified Answer
Learning Objectives
- Illustrate and distinguish the differences among employment statuses such as employed, unemployed, being a discouraged worker, and not participating in the workforce.
- Understand the economic and social costs of unemployment.
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