Impact of Unemployment Quick Check

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Question
Which of the following individuals would be considered unemployed when calculating the unemployment rate?(1 point)
Responses

an 18-year-old electrician who is currently working full time but would like to work more hours
an 18-year-old electrician who is currently working full time but would like to work more hours

a 22-year-old teacher who recently lost his job and is currently looking for a new one
a 22-year-old teacher who recently lost his job and is currently looking for a new one

a 65-year-old retired plumber who has no interest in looking for a new job
a 65-year-old retired plumber who has no interest in looking for a new job

a 15 year-old girl who wants to work part time but is unable to find work
a 15 year-old girl who wants to work part time but is unable to find work
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1 answer

To determine who would be considered unemployed when calculating the unemployment rate, we need to refer to the criteria used by labor statistics agencies.

  1. An 18-year-old electrician who is currently working full-time but would like to work more hours - This individual is employed, as they currently have a job, even if they desire more hours.

  2. A 22-year-old teacher who recently lost his job and is currently looking for a new one - This individual is considered unemployed. He is not currently working but is actively seeking work.

  3. A 65-year-old retired plumber who has no interest in looking for a new job - This individual is not considered unemployed. He is not working and not seeking work, so he would fall into the "not in the labor force" category.

  4. A 15-year-old girl who wants to work part-time but is unable to find work - Generally, individuals under 16 may not be counted in the labor force, and since she is looking for a job but is underage, she may also not be counted as unemployed.

The correct answer is: A 22-year-old teacher who recently lost his job and is currently looking for a new one.

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