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In each of the following examples, identify whether the person is counted in the official labor force or not:

Are the following: Cannot be classified this way? In the labor force? Not in the labor force?

a. Cynthia owns and operates her own retail store.

b. Elder has recently moved to a retirement community in Florida where he enjoys his "golden years" as a retiree.

c. Drew lost his job at a car manufacturer last year. He spent 6 months applying for every job possible before giving up 2 months ago.

d. Katherine works part-time at a small retail store. She would like to work full-time, but her employer is unable to extend her hours.

e. Latisha is an ambitious 15-year-old who spends her summer working as a lifeguard at a local pool.

f. Ted Kaczynski is currently serving a prison sentence, but would like to use his skills in mathematics and chemistry again one day.

g. Tyrell just graduated college with a business degree. He is currently looking for a job in banking in the major city he just moved to.

h. John and his wife just had their second child. They decided that it was best for John to leave his job and care for their new child.

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  • Category:- Business Economics
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