4. Measuring employment, unemployment, and labor force participation Consider a small economy composed of sex people: Dmitri Frances, Jake, Latasha, Rosa, and Nick. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person's status as Employed, Unemployed, "Not in the labor force but still part of the civilian noninstitutional population, or "Not in the civilian noninstitutional population if not in the civilian noninstitutional population Person Status Dmitri is a 24-year-old professional tennis player. When he's not competing, he works as a coach at a local tennis club. Frances is a 35-year-old professional basketball player She finished her last season as a player 3 weeks ago and is currently interviewing for a coaching position Jake is a 45-year-old accountant who has been out of work for almost a year. He became so discouraged that, a couple of months ago, he gave up on his job search Rosa is a 26-year-old who lost her job as a copyeditor for a local newspaper. She has spent the past few weeks out of work and interviewing for other editing jobs. She is thinking about going back to grad school her job search doesn't succeed after a few more weeks Nick is a 17-year-old who just graduated from high school. He is taking it easy this summer, relaxing by the pool with his friends and family, and volunteering part-time at the local nursing home Latasha is a 20-year-old former gang member who is currently serving a prison 4. Measuring employment, unemployment, and labor force participation Consider a small economy composed of sex people: Dmitri Frances, Jake, Latasha, Rosa, and Nick. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person's status as Employed, Unemployed, "Not in the labor force but still part of the civilian noninstitutional population, or "Not in the civilian noninstitutional population if not in the civilian noninstitutional population Person Status Dmitri is a 24-year-old professional tennis player. When he's not competing, he works as a coach at a local tennis club. Frances is a 35-year-old professional basketball player She finished her last season as a player 3 weeks ago and is currently interviewing for a coaching position Jake is a 45-year-old accountant who has been out of work for almost a year. He became so discouraged that, a couple of months ago, he gave up on his job search Rosa is a 26-year-old who lost her job as a copyeditor for a local newspaper. She has spent the past few weeks out of work and interviewing for other editing jobs. She is thinking about going back to grad school her job search doesn't succeed after a few more weeks Nick is a 17-year-old who just graduated from high school. He is taking it easy this summer, relaxing by the pool with his friends and family, and volunteering part-time at the local nursing home Latasha is a 20-year-old former gang member who is currently serving a prison
