Which of the following would be counted as unemployed using the definition of the U.S. Department of Labor?
A person who quits a job to become a full-time student A person who was fired from a job a year ago and wants another job, but is not presently looking because he does not think any exist A recent college graduate who is looking for a job, but will not accept any job unless it pays at least $100,000 All of the above are unemployed. None of the above is unemployed.
Which of the following would be counted as unemployed in the U.S. unemployment figures?
A retired electrician A high-school dropout who wants to work, but does not try to find a job because he is convinced that there are no jobs available A person working 10 hours a week who would like to work 40 hours A student who is trying to find part-time work More than one of the above