巴德 宏观经济学原理（英文版·第8版）Chapter 6 PowerPoint.pptxVIP

Are we back at full employment? 6When you have completed your study of this chapter, you will be able to1 Define the unemployment rate and other labor market indicators.2 Describe the trends and fluctuations in the indicators of labor market performance in the United States.3 Describe the types of unemployment, define full employment, and explain the link between unemployment and real GDP.CHAPTER CHECKLISTJobs and Unemployment 6.1 LABOR MARKET INDICATORSCurrent Population SurveyEvery month, 1,600 interviewers working on a joint project of the Bureau of Labor Statistics (BLS) and the Bureau of the Census survey 60,000 households to establish the age and job market status of each member of the household.Working-age population is the total number of people aged 16 years and over who are not in a jail, hospital, or some other form of institutional care or in the U.S. Armed Forces. 6.1 LABOR MARKET INDICATORSThe working-age population is divided into those in the labor force and those not in the labor force.Labor force is the number of people employed plus the number unemployed.In May 2016, the U.S. labor force was 158.4 million—151.0 million people were employed and 7.4 million people were unemployed. 6.1 LABOR MARKET INDICATORSPopulation Survey CriteriaThe survey counts as employed all persons who, during the week before the survey:Worked at least 1 hour in a paid job or 15 hours unpaid in family business.Were not working but who had jobs from which they were temporarily absent. 6.1 LABOR MARKET INDICATORSThe survey counts as unemployed everyone who, during the week before the survey: Had no employment, Were available for work, and either: Had made efforts to find employment during the previous four weeks, or Were waiting to be recalled to a job from which they had been laid off. 6.1 LABOR MARKET INDICATORSFigure 6.1 shows population labor force categories.The figure shows the data for May 2016. 6.1 LABOR MARKET INDICATORSThree Main Labor Market IndicatorsUn