Aprils Expected Hiring Boom Goes Bust Although the unemployment rate didnt fall as much as expected in

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April’s Expected Hiring Boom Goes Bust Although the unemployment rate didn’t fall as much as expected in April, the measure of unemployment that includes discouraged workers and workers holding part-time jobs for economic reasons decreased to its lowest level in over a year. What is a discouraged worker? Explain how a decrease in discouraged workers influences the official unemployment rate and a broader measure. What is the broader measure?

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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