5. (8 pts. - parts A and B) For each of the parts below, determine whether or no

Question

5. (8 pts. - parts A and B) For each of the parts below, determine whether or not the person would be considered unemployed based on the published unemployment rate. On the line at th end of each example write YES or NO. Answer each part of the question based only on the information provided (i.e. don't make any additional assumptions). Consider each part independently. Provide support for your answer in the space below each part. SA. (4 pts.) A 15-year-old continually looks for a job as a dog walker, but no one will hire her 5B. (4 pts.) A substitute teacher works only two days a week while he tries to find a job working as a full time teacher:

Explanation / Answer

(5A) YES

A job-seeker is considered unemployment if she does not have any paid job and is looking for a job in the 4 months prior to the date when the unemployment data was collected. In this case the dog-walker is willing to get a job and is looking for a job, but is not being hired. Therefore she is unemployed.

(5B) NO

A part-time worker is considered employed, even if he looks out for a better job.

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