Calculating unemployment
Presentation
•
Social Studies
•
12th Grade
•
Practice Problem
•
Hard
Kayla Ash
FREE Resource
15 Slides • 4 Questions
1
2
Multiple Select
Unemployment occurs...
(Choose more than one answer)
Within the curve of the PPC
During a contraction on the business cycle
Outside the curve on the PPC
During an expansion on the business cycle
3
4
5
6
Multiple Choice
All of the following are examples of people not counted as unemployed EXCEPT:
Michelle who is a 13 year old looking for a job
Daniel who stays home taking care of his grandma
Lewis who gave up looking for a job 2 months ago
Tommy who recently graduated and wants to work in IT.
7
8
Match
Match the following
Online tax programs make Angela & Oscar's accounting jobs unnecessary.
Andy Dwyer decides to look for a job in law enforcement
200 workers are laid off due to the 2008 Housing Crisis
Detective Peralta goes on vacation for 2 weeks.
Everyone in the room who doesn't currently have a job or is looking
Structural
Frictional
Cyclical
Employed
Not Counted
Structural
Frictional
Cyclical
Employed
Not Counted
9
10
Match
Match the following unemployment rates & correctly measure the health of the economy
The United states is currently experiencing 14% unemployment
The United states is currently experiencing 4.5% unemployment
The United states is currently experiencing 2% unemployment
Recession
Full Employment (Natural Rate)
Expansion
Recession
Full Employment (Natural Rate)
Expansion
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