5.         What does the natural unemployment rate include?

            a.         both frictional and structural unemployment

            b.         neither frictional nor structural unemployment

            c.         structural unemployment, but not frictional unemployment

            d.         frictional unemployment, but not structural unemployment

Answer:

6.         A foreign governmental statistics agency recently reported that there were 47.6 millionpeople over age 25 who had at least a bachelor’s degree. Of this number, 38.0

            million were in the labour force and 35.9 million were employed. What was the unemployment rate in this group?

            a.         about 2.3 percent

            b.         about 5.5 percent

            c.         about 22.8 percent

            d.         about 55.1 percent

Answer:

7.         Emma`s contract position just finished and she is looking for another job, but has not yet found one. Which pair of categories does Anna now belong to?

            a.         unemployed and not in the labour force

            b.         unemployed and in the labour force

            c.         employed and not in the labour force

            d.         employed and in the labour force

Answer:

8.         The following people are currently out of work: Deb, who is actively looking for a job; Ted, who is not looking for a job because he doesn’t think he could find one; Alex who is working part-time but is looking for full-time work; and Cam, who is not

            looking for a job because he takes care of his twin sons. Who does Statistics Canada consider to be unemployed?

            a.         Deb

            b.         Ted

            c.         Kat

            d.         Cam

Answer: