Based on the criteria used by the Bureau of Labor Statisties (BLS), identify eac

Question

Based on the criteria used by the Bureau of Labor Statisties (BLS), identify each person's status as employed, unempleyed, 'not in the labor force"r not in the civillan labor force but still part of the adult population), or "not in the adult population f not in the cvililan adult population Person Darnell is a 22-year-old professional tennis player. When he's not competing, he works as a coach at a local tennis club Status Eleanor is a 24 year-old recent college graduate. She did not work for pay last week, but she had two job interviews. Jacques is a 43-year-old accountant who has been out of work for almost a year. He became so discouraged that he gave up on his job search a couple of months ago Rina is a 26 year-old who lost her job as a copy editor for a local newspaper., She has spent the past few weeks out of work and interviewing for other editing jobs. She is thinking about going back to grad school if her job search doesn't succeed after a few more weeks. Musashi is a 17-year-old who just graduated from high school. He is taking it easy this summer, relaxing by the pool with his friends and family, and volunteering part-time at the local nursing home. Kyoko is a 10-year-old student at East Valley Middle School. She babysits her younger brother and does other chores, so her parents give her an allowance of $25 per week. Not in the adult population Complete the right half of the following equation to reflect the labor force participation rate reported by the BLS

Explanation / Answer

Answer:

2) Labor Force Participation Rate = 60%

3) Unemployment Rate = No.of unemployed people / Total number people in labor Force

= 66.67%

Person Status 1 Darnell Employed 2 Eleanor Unemployed 3 Jacques Not in Labor Force 4 Rina Unemployed 5 Mushashi Employed 6 Kyoko Not in adult population

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