Final answer:
The subject of this question is Social Studies. The working-age population can be divided into potential employees, labor force participants, over-employed or under-employed, and employed, unemployed, or not in the labor force.
Step-by-step explanation:
The subject of this question is Social Studies.
When dividing the working-age population, economists categorize them into four groups: potential employees, labor force participants, over-employed or under-employed, and employed, unemployed, or not in the labor force.
- Potential employees include individuals who are of working age and have the ability to work but are not currently participating in the labor force.
- Labor force participants refer to individuals who are either employed or unemployed, actively seeking work.
- Over-employed or under-employed individuals are those who may be working but are not utilizing their full potential or are working below their skill level.
- Finally, the employed, unemployed, or not in the labor force category represents the entire working-age population, dividing it into those working, those actively seeking work, and those who are not interested or unable to work.