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The labor force is made up of the employed and the unemployed. The remainder—those who have no job and are not looking for one—are counted as "not in the labor force."
[[Image:Unemployment office.jpg|right|thumb]]
[[Image:Unemployment office.jpg|right|thumb]]
Persons are classified as '''unemployed''' if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work. [http://www.bls.gov/cps/faq.htm#Ques5]
Persons are classified as '''unemployed''' if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work. (The labor force is made up of the employed and the unemployed. The remainder—those who have no job and are not looking for one—are counted as "not in the labor force.") [http://www.bls.gov/cps/faq.htm#Ques5]
"Involuntary unemployment" is when people are unable to find jobs at the prevailing wages for their skills and experience. "Voluntary unemployment" is a normal process when people join the labor force (after leaving school, for example) or move to a new area.
"Involuntary unemployment" is when people are unable to find jobs at the prevailing wages for their skills and experience. "Voluntary unemployment" is a normal process when people join the labor force (after leaving school, for example) or move to a new area.