Labor Statistics

Description: Labor Statistics Quiz
Number of Questions: 15
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Tags: labor statistics economics history
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What is the term used to describe the number of people who are actively seeking employment?

  1. Labor force

  2. Unemployment rate

  3. Employment rate

  4. Labor participation rate


Correct Option: A
Explanation:

The labor force is the total number of people who are employed or actively seeking employment.

Which of the following is not a type of unemployment?

  1. Frictional unemployment

  2. Structural unemployment

  3. Cyclical unemployment

  4. Seasonal unemployment


Correct Option: D
Explanation:

Seasonal unemployment is not a type of unemployment, but rather a type of underemployment.

What is the term used to describe the percentage of the labor force that is unemployed?

  1. Labor force participation rate

  2. Employment rate

  3. Unemployment rate

  4. Labor force


Correct Option: C
Explanation:

The unemployment rate is the percentage of the labor force that is unemployed.

Which of the following is not a type of labor union?

  1. Craft union

  2. Industrial union

  3. Professional union

  4. General union


Correct Option: C
Explanation:

Professional unions are not a type of labor union, but rather a type of professional association.

What is the term used to describe the process of negotiating a labor contract between a union and an employer?

  1. Collective bargaining

  2. Arbitration

  3. Mediation

  4. Conciliation


Correct Option: A
Explanation:

Collective bargaining is the process of negotiating a labor contract between a union and an employer.

Which of the following is not a type of labor law?

  1. Minimum wage law

  2. Overtime pay law

  3. Child labor law

  4. Equal pay law


Correct Option: C
Explanation:

Child labor laws are not a type of labor law, but rather a type of social welfare law.

What is the term used to describe the government agency that collects and publishes labor statistics?

  1. Bureau of Labor Statistics

  2. Census Bureau

  3. National Bureau of Economic Research

  4. Federal Reserve


Correct Option: A
Explanation:

The Bureau of Labor Statistics is the government agency that collects and publishes labor statistics.

Which of the following is not a type of labor market?

  1. Perfect competition

  2. Monopoly

  3. Monopsony

  4. Oligopoly


Correct Option: D
Explanation:

Oligopoly is not a type of labor market, but rather a type of market structure.

What is the term used to describe the difference between the wages paid to men and women for the same work?

  1. Gender pay gap

  2. Wage gap

  3. Income gap

  4. Wealth gap


Correct Option: A
Explanation:

The gender pay gap is the difference between the wages paid to men and women for the same work.

Which of the following is not a type of discrimination in the workplace?

  1. Age discrimination

  2. Race discrimination

  3. Gender discrimination

  4. Disability discrimination


Correct Option: D
Explanation:

Disability discrimination is not a type of discrimination in the workplace, but rather a type of discrimination in general.

What is the term used to describe the process of improving the working conditions of employees?

  1. Labor reform

  2. Labor law

  3. Collective bargaining

  4. Unionization


Correct Option: A
Explanation:

Labor reform is the process of improving the working conditions of employees.

Which of the following is not a type of labor movement?

  1. Trade unionism

  2. Socialism

  3. Communism

  4. Anarchism


Correct Option: C
Explanation:

Communism is not a type of labor movement, but rather a type of political ideology.

What is the term used to describe the process of workers withdrawing their labor from their employer in order to achieve a common goal?

  1. Strike

  2. Boycott

  3. Lockout

  4. Picketing


Correct Option: A
Explanation:

A strike is the process of workers withdrawing their labor from their employer in order to achieve a common goal.

Which of the following is not a type of labor dispute?

  1. Grievance

  2. Arbitration

  3. Mediation

  4. Conciliation


Correct Option: B
Explanation:

Arbitration is not a type of labor dispute, but rather a type of dispute resolution.

What is the term used to describe the process of resolving a labor dispute through the intervention of a neutral third party?

  1. Mediation

  2. Conciliation

  3. Arbitration

  4. Collective bargaining


Correct Option: A
Explanation:

Mediation is the process of resolving a labor dispute through the intervention of a neutral third party.

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