Question

7. Consider the following sample population:

Person	Status
Donald Trump	A house husband who has not looked for a job in several years.
Michael Jordan	University professor
Justin Beaver	Part-time welder but actively looking for full-time work.
Tina Turner	Fired from job as a banker; last looked for job two weeks ago.
Siti Nurhaliza	Self-employed full-time singer.
Anita Sarawak	Full-time nurse.
Tiger Wood	Has never been employed but looked for a job last week.
David Aramugam	Manager of health food store.
Jenifer Lopez	Retired finance professor.
Bill Clinton	Laid-off factory worker; expecting to be recalled.
Hillary Clinton	Works for a property agency.
Joe Lo	Restaurant manager; was not at work last week due to movement control order (to break the chain of Covid-19 pandemic).

1. How many in the sample are unemployed? Who are they?
2. How many in the sample are not in the labor force? Who are they?

Answer 1

a. Unemployment occurs when a person who is actively searching for employment is unable to find work.

3 people in the sample are unemployed.

Tina Turner is unemployed as she was fired from her previous job and is searching for a new job.

Tiger Wood is unemployed as he is actively searchong for a job.

Bill Clinton is unemployed as he was laid off and expects to join back.

b. The workforce or labour force is the labour pool in employment. Labor force= employed + unemployed.

2 people in the same are not in the labor force.

Donald Trump is not in the labor force since he is not looking for a job.

Jenifer Lopez is not in the labor force since she has retired and left the working age population.