Which of the following statements about unemployment is true?
A) To be officially unemployed,a person has to be in the labor force.
B) A person who is not working is officially unemployed.
C) A person who is working part-time but would like to be working full-time is considered to be unemployed.
D) A person who is retired and not looking for a job is still considered unemployed.
E) A person who is a full-time student and not seeking employment is still considered unemployed.

Question

Quizplus · Accepted Answer

The labor force includes individuals who are currently employed or actively seeking employment. To be considered unemployed, a person must be a member of the labor force who is not currently employed but is actively seeking employment. Therefore, choice A is the only statement that accurately reflects the definition of unemployment.

Which of the Following Statements About Unemployment Is True