Asked by Neala Kelly on Apr 29, 2024
Verified
Who among the following would not be considered officially unemployed?
A) Jones,who quit his job to look for a better job in another part of the country
B) Jason,who got fired from his job when the government cut spending
C) Bourne,who is looking for a job after being out of the labor force for five years
D) Sophie,who retired early because she disliked her current job
E) Annie,who dropped out of the labor force after a year of job search
Officially Unemployed
Individuals who are jobless, actively seeking work, and available to take a job, as defined and measured by official government statistics.
Government Cut Spending
A fiscal policy action where the government reduces its expenditures to control public sector debt or influence the economy.
Labor Force
The total number of people employed or actively seeking employment within an economy.
- Define and distinguish between employed, unemployed, discouraged workers, and not in the labor force.
Verified Answer
ZK
Zybrea KnightMay 03, 2024
Final Answer :
D
Explanation :
Sophie chose to retire early and is not actively seeking employment, so she is not considered officially unemployed. Jones, Jason, Bourne, and Annie are all actively seeking employment or were recently laid off/fired, so they would be considered officially unemployed.
Learning Objectives
- Define and distinguish between employed, unemployed, discouraged workers, and not in the labor force.