Scenario 7.1 Of 1,350 people surveyed, 318 are not working. The status of those not working is as
Scenario 7.1
Of 1,350 people surveyed, 318 are not working.
The status of those not working is as
follows:
122 full-time students
29 discouraged workers
18 in long-term-care facilities
21 seeking employment and aged 16 or older
50 retirees
63 under age 16
15 working in the underground economy and not looking for a “real” job
Eight of those working were under 16 years of age.
13. Refer to Scenario 7.1. If any two individuals who were actively looking for a job, got tired of not finding one and decided to become full-time students, then:
| A. | the official unemployment rate would remain unchanged. |
| B. | the U.S. Bureau of Labor Statistics would have to be informed immediately. |
| C. | the official unemployment rate would increase. |
| D. | the number of people officially in the labor force would remain unchanged. |
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