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liubo4ka [24]
1 year ago
9

The means by which the U.S. Bureau of Labor Statistics determines who is employed and unemployed is a ______.

Business
1 answer:
sweet-ann [11.9K]1 year ago
7 0

If a person does not have a job, has actively sought employment during the previous four weeks, and is currently eligible for employment, they are considered to be unemployed. Any of the following activities can be considered actively seeking employment: Directly contacting: A potential employer or attending a job interview

To aid in public and commercial decision-making, the Bureau of Labor Statistics collects data on the labor market, working conditions, price changes, and productivity in the US economy.

According to BLS, a fully employed economy is one in which GDP is at its potential, the unemployment rate is equal to the nonaccelerating inflation rate of unemployment (NAIRU), and there are no periods of cyclical unemployment.

Learn more about Bureau of Labor Statistics here brainly.com/question/15296998

#SPJ4

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