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Chapter 21: Q 15. (page 524)

What criteria do the BLS use to count someone as

employed? As unemployed?

Short Answer

Expert verified

There are different criteria for the employed person and unemployed person.

Step by step solution

01

Step 1. Definition

The BLS (bureau of labor statistics) is a US federal agency that gathers and disperse different data about the US economy and labor force. In their report CPI and PPI, both are reported.

02

Step 2. Explanation

As stated in BLS, a person who is even doing a part-time job or engaged in some sort of work for which he/she is getting paid is employed.

And a person who is looking and willing to do a job and constantly looking for it but not able to get it is unemployed.

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Most popular questions from this chapter

Is the higher unemployment rates for minority workers necessarily an indication of discrimination? What could be some other reasons for the higher unemployment rate?

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