Question 1 • VT-GA-EOC-Personal Finance & Economics A ULHS
Answer:
The US labor force includes people age 16 and older who are employed and people who are unemployed but actively seeking and available for work. Employed people have jobs, including those who are temporarily absent from work. Unemployed people do not have jobs but have recently looked for work and are available to take a job. People who are neither employed nor actively looking for work are not counted as part of the labor force; they are considered outside the labor force.