Principles of Macroeconomics (Maymester 2009)

Activity #4 

Name _____________________      Due Day __May 23______

According to the concepts given by the Bureau of Labor Statistics, are the following people classified as unemployed, employed, or not in the labor force? (4 points each)

1. Elizabeth Lloyd reported to the interviewer that last week she worked 40 hours as a sales manager for the Western Beverage Company.

2. Steve Hogan lost his job when the local plant of the Chariot Aircraft Manufacturing Company was closed down. Since then, he has been visiting the personnel offices of the other factories in the town trying to find a job.

3. Lisa Fox spends most of her time taking care of her home and children, but, all day Friday and Saturday, she helps in her husband's computer software store.

4. Mrs. Jenkins tells the interviewer that her daughter Katherine Marie was thinking about looking for work in the prior 4 weeks but knows of no specific efforts she has made.

5. Paul Flynn has been checking for openings on a bricklayer's union register for each of the past 3 weeks, but his wife reported that last week he had the flu and was unable to work because of it.