James, age 28, was laid off by an auto manufacturer when the firm began retooling to produce

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James, age 28, was laid off by an auto manufacturer when the firm began retooling to produce a new model car. He knows he will be called back to work when the model changeover is completed. Although he is available for work, he is not seeking a job. Would James be counted as employed or unemployed in the monthly labor force statistics? Explain your answer.

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