In September 2014, 32 Percent of Unemployed Workers Had Been

question 96

Multiple Choice

In September 2014, 32 percent of unemployed workers had been unemployed for 6 months or more. This long-term unemployment is of particular concern because

• A) long-term unemployment is the most costly type of unemployment.
• B) the U-3 unemployment rate no longer includes these workers in the measurement since they are long-term unemployed.
• C) the employment-to-population ratio no longer includes these workers in the measurement since they are long-term unemployed.
• D) the labor force participation rate no longer includes these workers in the measurement since they are long-term unemployed.

Understand the distinction between good and bad jobs, including factors like job security, benefits, and working conditions.

Assess the evolution and significance of the service sector in the labor market.

Grasp the implications of labor market changes for job quality and income distribution.

Recognize the importance of decision-making innovations in the workplace since the 1970s.

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Definitions:

Semi-open Adoption

A type of adoption where there is some level of contact or exchange of information between the adoptive and biological parents, but direct communication is typically mediated or facilitated through a third party.

Biological Parent

A parent who has contributed to the genetic constitution of a child.

Economic Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Postpone Parenthood

The decision by individuals or couples to delay having children until a later stage in their lives, often for personal, career, or financial reasons.