Asked by Jackson Hooper on May 07, 2024
Verified
The Bureau of Labor Statistics' "employed" category includes those who worked as paid employees, worked in their own business, or worked as unpaid workers in a family member's business.
Bureau of Labor Statistics
An agency of the U.S. government tasked with gathering and interpreting statistics related to labor economics.
Employed Category
Refers to the classification of individuals in the labor market who are currently holding a job or are employed.
Paid Employees
Individuals who perform work or services for a company or an individual in exchange for compensation, typically in the form of wages or salaries.
- Understand the definitions of employment status categories used by the Bureau of Labor Statistics.
Verified Answer
FM
Felicia MassonMay 09, 2024
Final Answer :
True
Explanation :
The Bureau of Labor Statistics defines "employed" individuals as those who, during the survey reference week, did any work at all as paid employees, worked in their own business or profession or on their own farm, or worked 15 hours or more as unpaid workers in an enterprise operated by a family member.
Learning Objectives
- Understand the definitions of employment status categories used by the Bureau of Labor Statistics.