- Assume you have recently been hired by the BLS to track and
chart unemployment. Your first task is to create a chart
categorizing individuals based on the BLS unemployment
classifications. Your chart should note:
- Whether the individual is included or not included in the labor
force.
- If they are included, state whether that person is counted as
employed or unemployed.
- If unemployed, which type of unemployment classification.
You may use the following template to
assist you. For any non-applicable cells in the chart please use
the value of N/A. For example an employed person would have N/A for
point iii.
Name
|
Labor Force Inclusion
|
Employment Classification
|
Unemployment Type
|
Connor (Sample)
|
Yes
|
Unemployed
|
Frictional
|
(Note: You may just edit in additional
rows on my chart above)
- Harry had a job portraying a wizard at Universal Studios theme
park to entertain guests. Overtime, less and less guests wanted to
watch wizards instead being more entertained by entertainers from a
galaxy far, far away. Due to this change, Harry was let go and has
such began looking for other work.
- Hermione met a beast of a man who turned out to be her prince
charming; she immediately retired from her teaching job and spends
riding horses on her estate.
- A sudden downturn in the real gdp growth rate caused a shutdown
of the factory Ron was working at an all employees were terminated.
Ron has been looking for work but to this date still has not found
a job.
- Ginny finished up her degree and has begun applying for
positions.
- Neville finished up his degree in botany and is now going
full-time towards his PhD.
- Hagrid has found the perfect job, he is a mall Santa. The malls
are desperate for anyone to come so they have Santa there from May
until January. Now that it is March however, Hagrid is out of work.
He would like to find something while he waits for May to come by,
so he applied at Starbucks.
- Snape has also retired from teaching opting for something less
stressful, he now works 10 hours a week as a mixologist at
Narwhal’s.
- The development of Lexis Nexis for researching casework caused
many law firms to lay off workers. That was the case at Dobby,
Black, & Lupin who cut ties with most of their associate
researchers including Draco, forcing him to look for another
job.