Roberta is laid off from her job. She is 55 years old. She looked for a new job for one year but then gave up looking because she could not find a job. How would you classify Rosa? Group of answer choices unemployed part of the labor force employed part of the adult population

Roberta is laid off from her job. She is 55 years old. She looked for a new job for one year but then gave up looking because she could not find a job. How would you classify Rosa? Group of answer choices unemployed part of the labor force employed part of the adult population

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter15: The Distribution Of Income And Poverty

Section: Chapter Questions

Problem 7QP

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Question

Roberta is laid off from her job. She is 55 years old. She looked for a new job for one year but then gave up looking because she could not find a job. How would you classify Rosa?

Group of answer choices

unemployed

part of the labor force

employed

part of the adult population

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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