Categories
What is the difference between being unemployed and being out of the labor force?
Unemployed= Do not have a job and actively looking for a job
Not in Labor Force= Do not have a job and not actively looking for one
Are people in the military counted in the Labor Force?
No, because we are counting the civilian population, so, we exclude active-duty military
Periods of recession are likely to be marked by:
Rising Unemployment
Is she employed, unemployed or not in LF?
Jennifer is awaiting recall from her serving job
Unemployed
Donna was laid off by her employer at the beginning of 2011. She looked for a job for three months, but could not find anything suitable. She then decided to volunteer for a soup kitchen and stopped looking for a job. Donna is considered to be:
Discouraged Worker