Karena was laid off, but she is expecting to be recalled. She has not looked for work since being laid off. Nathan is not employed, nor was he laid off. Who is counted as "unemployed" in the U. S. labor force statistics?

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Business

Conrad Harris

19 January, 12:38

Karena was laid off, but she is expecting to be recalled. She has not looked for work since being laid off. Nathan is not employed, nor was he laid off. Who is counted as "unemployed" in the U. S. labor force statistics?

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Hazel Noble · Answer 1

B. 1) Karena and 2) Nathan, if Nathan has looked for work during the previous four weeks

Explanation:

Both Karena and Nathan are counted as unemployed according to the U. S labor force statistics.

Unemployment refers to the inability of a willing and able Individual who falls in the labor force category of a country to get a suitable job.

The labor force age group of countries differ from each other but it is usually between the age of 18-65 years.

Unemployment is a situation in which a person who is willing to work coupled and has ability (phycal, emotional) to work does not get a job.

There are different types of unemployment which includes:

1. Structural unemployment

2. Cyclical unemployment

3. Seasonal unemployment

4. Frictional unemployment

5. Underemployment