Business, 10.03.2020 21:43 emilypzamora11

Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people: Darnell, Eleanor, Jacques, Kyoko, Rina, and Musashi. 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 Person.
Bob is a 43-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.

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Measuring employment, unemployment, and labor force participation Consider a small economy composed...

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