Use the table below from the U.S. Bureau of Labor Statistics to answer the following questions.

a. What was the unemployment rate in May 2022?

b. If we were to count marginally attached workers as unemployed, what would the unemployment rate have been in May 2022?

c. If we were to count all of those who are working part time involuntarily as unemployed, what would the unemployment rate have been in May 2022?

d. If you repeated this calculation for all time periods for the United States and graphed the data, do you think the changes in the unemployment rates would all look similar or different? Why?

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Category Civilian labor force Employed Unemployed Not in labor force Marginally attached to the labor force Involuntarily part time May 2022 164.4 million 158.4 million 5.9 million 93 million 0.7 million 4.2 million