- Which of the following statements correctly describe discouraged workers? (choose all that apply)
a) They are counted as part of the labor force by the Bureau of Labor Statistics
b) They have not looked for a job in 6 weeks, but they would like a job and are available for work
c) They have given up on looking for a job
d) They are full-time workers who would like to work only part-time
The following table contains U.S. employment information from December 2010.
The Bureau of Labor Statistics has several measures of joblessness in addition to the official unemployment rate.
One alternative is the U-4 measure of labor underutilization, which can be found as follows: - Calculate official unemployment rate.
- Calculate U-4 measure of labor underutilization.
- Fill in the blank in the following statement:
If the Bureau of Labor Statistics were to include discouraged workers in the official unemployment rate, the reported unemployment rate would _____.
