The labor force is the sum of
A)employed workers and discouraged workers.
B)employed workers and unemployed workers.
C)employed workers and individuals not looking for work.
D)employed workers and the working age population.
E)unemployed workers and the working age population.

Question

Quizplus · Accepted Answer

The labor force is defined as the sum of employed workers and unemployed workers. This is the group of people who are currently working or actively seeking employment. Option A includes discouraged workers, who have given up looking for work and are not included in the labor force. Option C includes individuals who are not looking for work, so they are also not part of the labor force. Option D only includes the working age population, which includes individuals who may not be working or looking for work. Option E is similar to Option D, as it includes the working age population and unemployed workers but does not include those who are not actively seeking work. Therefore, only Option B correctly defines the labor force.

The Labor Force Is the Sum of