Asked by Abigail Aleman on Jun 06, 2024
Verified
Clark Kent,a middle-aged bachelor,quit his news reporter job and currently is looking for a better job.The BLS counts Clark as
A) not in the labor force.
B) employed.
C) unemployed.
D) a discouraged worker.
E) functionally employed.
Discouraged Worker
An individual who has stopped looking for employment due to the belief that no jobs are available for them or there are none for which they would qualify.
BLS
The Bureau of Labor Statistics, a US government agency responsible for collecting and analyzing critical economic data, including employment and inflation.
- Discriminate between distinct kinds of unemployment: frictional, structural, and cyclical.
Verified Answer
JB
Joshua Bortey BortierJun 12, 2024
Final Answer :
C
Explanation :
Clark is actively seeking a job but is currently unemployed, so he is considered part of the labor force but without a job, making him unemployed.
Learning Objectives
- Discriminate between distinct kinds of unemployment: frictional, structural, and cyclical.