13. What is the labor force?

the theory that education increases productivity and results in higher wages

the theory that the completion of college indicates to employers that a job applicant is intelligent and hardworking

a temporary or part-time job

all nonmilitary people who are employed or unemployed

Question

Business

Yair Huynh

3 March, 17:09

13. What is the labor force?

the theory that education increases productivity and results in higher wages

the theory that the completion of college indicates to employers that a job applicant is intelligent and hardworking

a temporary or part-time job

all nonmilitary people who are employed or unemployed

+3

Answers (1)

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Travis Hendricks · Answer 1

all nonmilitary people who are employed or unemployed

Explanation:

Labor forces refer to the population of employed and unemployed people. Unemployed people refer to jobless persons who are willing, able, and are actively seeking employment. Individuals or groups of people who are jobless but have not sought employment recently are not counted as unemployed.

Students, children, and retired workers are not job seekers hence are not considered as unemployed. They do not form part of the labor force. The labor force is therefore comprised of the able-bodied, adult population that is currently employed or unemployed but willing and actively seeking to be hired.