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Answer :
Answer:
a. Manuel is Employed.
Manuel has a part time job and this is considered employment.
b. Poornima is Unemployed.
Poornima is not employed but is looking for work which is why she had two job interviews. This classifies her as unemployed.
c. Shen is Not in the Labor Force.
Shen is retired so is not in the labor force.
d. Caroline is Not in the Labor Force
Caroline gave up on looking for work so is not in the labor force as well as you have to be either employed or searching for work to be in the labor force.
e. Antonio is Employed.
Antonio is employed as a novelist and he is still active as he writes every day.
e. Valarie is Not in the Adult/ Working age population
Valaries is too young to be in the workforce.
2. Labor Force Participation Rate = Number in labor force / Working age population * 100%
= 3/ 5 * 100%
= 60%
3. Unemployment rate = Number of unemployed people / Number in labor force * 100%
= 1 / 3 * 100%
= 33.33%
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