Question

Of the people described below, who would be counted as unemployed? (multiple select)

a. an able bodies 53 year old who took an early retirement package from her employer.

b. a full time college student who plans to look for a job after graduation.

c. a 55 year old steel worker who has beem laid off for 18 months ago and has given up trying to find a job.

d. a student who quit college to look for a modeling job in New York.

e. a second lietenatn in the U.S army

f. a 17 year old single parent who has just been laid off and is looking for a new job.

g. a newly graduated Ph.D who could not find a teaching job and is driving a taxi.

Answer 1

Answer: Who would be counted as unemployed are:

• A student who quit college to look for a modeling job in New York.

• A 17 year old single parent who has just been laid off and is looking for a new job.

Explanation:  

Unemployment in the labor market, refers to the situation of the citizen who lacks employment and, therefore, salary.To exist, the unemployed person wish to work and accept the current wages that are being paid at any given time.The causes of this situation are multiple, resulting in different types of unemployment.

Societies also have an inactive population made up of those members of the population who are not willing to work, whether by studies, age, illness or any other legally established cause.