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Consider a small economy composed of six people: Eric, Ginny, Kenji, Lucia, Sharon, and Paolo. Each person's employment status is described in the following table.

Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as Employed, Unemployed, “Not in the labor force” if not in the civilian labor force but still part of the adult population, or “Not in the adult population” if not in the civilian adult population.

Below For status choose between (Employed, Not in adult population, Not in labor force, Unemployed)

Person Status

Eric is a 47-year-old autoworker who was laid off from his job 6 months ago. He is frustrated with his inability to find a new full-time position. Last week, he took a part-time job but was given only 3 hours of work.

Ginny is a 36-year-old autoworker who was just laid off by her employer. She is trying to find any kind of job to help make ends meet.

Kenji is a 35-year-old graphic designer who is taking 2 years off from work   to care for his small daughter.

Sharon 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.

Paolo 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.

Lucia is a 11-year-old student at West Valley Middle School. She baby-sits her younger sister and does other chores for which her parents give her an allowance of $30 per week.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91570639

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