2. Discouraged workers

Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.)Check all that apply.

They are employed workers who want to earn higher wages.

They have not looked for a job in 4 weeks (or longer), but they would like a job and are available for work.

They have given up on looking for a job.

They are full-time workers who would like to work only part-time.

The following table contains U.S. employment information from August 2018.

Civilian PopulationEmployedUnemployedDiscouraged(Persons 16 years old and over)(Persons)(Persons)(Persons)258,066,000155,604,0006,197,000434,000The 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 is calculated as follows:

U-4

=

100Unemployed+DiscouragedLaborForce+Discouraged

Fill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization.

Official Unemployment RateU-4 Measure of Labor Underutilization(Percent)(Percent)3.83 3.98

The official unemployment rate and the U-4 measure of labor underutilization are two different measures of joblessness in the economy.

If the Bureau of Labor Statistics were toincludediscouraged workers in the official unemployment rate, the reported unemployment rate would .