Tier One Training- Part Six: Labor Market Information

Description

Quiz on Tier One Training- Part Six: Labor Market Information, created by Jasmine Mohammed on 11/05/2022.
Jasmine Mohammed
Quiz by Jasmine Mohammed, updated more than 1 year ago
Jasmine Mohammed
Created by Jasmine Mohammed about 2 years ago
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Resource summary

Question 1

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

Question 2

Question
LMI stands for [blank_start]Labor Market Information[blank_end]
Answer
  • Labor Market Information

Question 3

Question
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.
Answer
  • True
  • False

Question 4

Question
Which of the following use data from WSER Bureau?
Answer
  • workforce organizations
  • businesses
  • job seekers
  • teachers
  • students
  • media

Question 5

Question
The number of unemployed people means the number of unemployment compensation (aka reemployment assistance) claimants.
Answer
  • True
  • False

Question 6

Question
LMI data can be compared by county, state, or city with a population of ______ or more.
Answer
  • 25,000
  • 20,000
  • 50,000
  • 10,000

Question 7

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

Question 8

Question
Unemployment rate is calculated as: (labor force/ number of employed) x 100.
Answer
  • True
  • False

Question 9

Question
Education and training are two factors that lead to lower unemployment rates and higher wages for workers.
Answer
  • True
  • False

Question 10

Question
Labor Market Information is data on ______ in the labor market.
Answer
  • conditions
  • standards
  • rules
  • unemployment
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