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Question
question 19 (2 points)
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the labor force consists of
the number of people who are employed.
the number of people who unemployed and who are actively seeking work.
the number of people in the working - age population who are employed or unemployed.
all people in the population aged 16 and over who are not in jail, a hospital, or an institution or in the u.s. armed forces.
the number of people who are employed minus the number of the people who are unemployed.
The labor force is defined as the number of people in the working - age population who are employed or unemployed. The first option only considers the employed, the second only the unemployed (actively seeking), the fourth is about the non - institutionalized population aged 16 and over (not the labor force definition), and the fifth is an incorrect calculation (employed minus unemployed is not the labor force).
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the number of people in the working - age population who are employed or unemployed.