Identify each persons status as employed

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Question: Measuring employment, unemployment, and labor force participation

Consider a tiny hypothetical economy composed entirely of the following people: Gilberto, Juanita, Lorenzo, Neha, Teresa, and Sam. Each person's employment status is given in the following table.

Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person's status as employed, unemployed, "not in the labor force" (if not in the civilian labor force but still part of the adult population), or "not in the adult population" if not in the civilian adult population.

Reference no: EM133390573

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