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Employment and Unemployment Terms Matching
Match the terms and definitions.
Definitions:
- Full employment in the United State, which is considered to be 4-5% unemployment.
- Unemployment that is tied to changes in the business cycle.
- Unemployment caused by workers who are searching for a job after leaving another.
- Unemployment caused by a worker's skills no longer being needed. Includes persons who lose their jobs due to outsourcing tasks abroad.
- A form of structural unemployment in which a worker's job is tied to changes in seasons.
- People who are working or are out of a job, but who are actively looking for work.
- A person who works between 1-34 hours a week is regarded as being employed and in the Labor Force.
- Persons who are no longer seeking work. They are no longer in the labor force and are not considered unemployed.
- The total number of unemployed in the labor force.
- The U.S. agency responsible for calculating the unemployment rate.
Terms:
- Cyclical Unemployment
- Natural Rate of Unemployment
- Seasonal Unemployment
- Structural Unemployment
- Labor Force
- Frictional Unemployment
- Discouraged Worker
- Bureau of Labor Statistics (BLS)
- Unemployment Rate
- Part-time Worker
Answers:
- Full employment in the United State, which is considered to be 4-5% unemployment.
Answer: Natural Rate of Unemployment
- Unemployment that is tied to changes in the business cycle.
Answer: Cyclical Unemployment
- Unemployment caused by workers who are searching for a job after leaving another.
Answer: Frictional Unemployment
- Unemployment caused by a worker's skills no longer being needed. Includes persons who lose their jobs due to outsourcing tasks abroad.
Answer: Structural Unemployment
- A form of structural unemployment in which a worker's job is tied to changes in seasons.
Answer: Seasonal Unemployment
- People who are working or are out of a job, but who are actively looking for work.
Answer: Labor Force
- A person who works between 1-34 hours a week is regarded as being employed and in the Labor Force.
Answer: Part-time Worker
- Persons who are no longer seeking work. They are no longer in the labor force and are not considered unemployed.
Answer: Discouraged Worker
- The total number of unemployed in the labor force.
Answer: Unemployment Rate
- The U.S. agency responsible for calculating the unemployment rate.
Answer: Bureau of Labor Statistics (BLS)
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