Jasmine Mohammed
Quiz by , created more than 1 year ago

Quiz on Tier One Training- Part Six: Labor Market Information, created by Jasmine Mohammed on 11/05/2022.

0
0
0
Jasmine Mohammed
Created by Jasmine Mohammed about 2 years ago
Close

Tier One Training- Part Six: Labor Market Information

Question 1 of 10

1

What is the mission of Workforce Statistics and Economic Research (WSER) Bureau?

Select one of the following:

  • help job seekers get jobs

  • process reemployment assistance claims within certain timeframes

  • produce, analyze, and deliver labor statistics

  • answer calls from the general public about labor market data

Explanation

Question 2 of 10

1

Fill the blank space to complete the text.

LMI stands for

Explanation

Question 3 of 10

1

The goal of LMI is to help employers make well-informed plans, choices, and decisions for a variety of purposes such as business investment decision making.

Select one of the following:

  • True
  • False

Explanation

Question 4 of 10

1

Which of the following use data from WSER Bureau?

Select one or more of the following:

  • workforce organizations

  • businesses

  • job seekers

  • teachers

  • students

  • media

Explanation

Question 5 of 10

1

The number of unemployed people means the number of unemployment compensation (aka reemployment assistance) claimants.

Select one of the following:

  • True
  • False

Explanation

Question 6 of 10

1

LMI data can be compared by county, state, or city with a population of ______ or more.

Select one of the following:

  • 25,000

  • 20,000

  • 50,000

  • 10,000

Explanation

Question 7 of 10

1

All those aged 16 years and older who are without a job, but are available and actively seeking employment make up the unemployed population.

Select one of the following:

  • True
  • False

Explanation

Question 8 of 10

1

Unemployment rate is calculated as: (labor force/ number of employed) x 100.

Select one of the following:

  • True
  • False

Explanation

Question 9 of 10

1

Education and training are two factors that lead to lower unemployment rates and higher wages for workers.

Select one of the following:

  • True
  • False

Explanation

Question 10 of 10

1

Labor Market Information is data on ______ in the labor market.

Select one of the following:

  • conditions

  • standards

  • rules

  • unemployment

Explanation