Difference between revisions of "Employment and unemployment"

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(public doman - from Department of Labor website)
 
(three terms defined - in italics)
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The basic concepts involved in identifying the employed and unemployed are:
 
The basic concepts involved in identifying the employed and unemployed are:
  
*People with jobs are employed.
+
*People with jobs are ''employed''.
*People who are jobless, looking for jobs, and available for work are unemployed.
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*People who are jobless, looking for jobs, and available for work are ''unemployed''.
*People who are neither employed nor unemployed are not in the labor force. [http://www.bls.gov/cps/cps_htgm.htm#concepts]
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*People who are neither employed nor unemployed are ''not in the labor force''. [http://www.bls.gov/cps/cps_htgm.htm#concepts]

Revision as of 10:01, 5 April 2013

The basic concepts involved in identifying the employed and unemployed are:

  • People with jobs are employed.
  • People who are jobless, looking for jobs, and available for work are unemployed.
  • People who are neither employed nor unemployed are not in the labor force. [1]