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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
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. C] They have not looked for a job in 4 weeks (or longer), but they would like a job and are available for work. C] They are full-time workers who would like to work only parttime. C] They have given up on looking for a job. C] They are dissatisfied with their current jobs and are considering quitting. The following table contains U.S. employment information from August 2019. Civilian Population Employed Unemployed Discouraged (Persons 16 years old and over) (Persons) (Persons) (Persons) 259,432,000 157,878,000 6,044,000 467,000 The Bureau of Labor Statistics has several measures of joblessness in addition to the official unemployment rate. One alternative is the U4 measure of labor underutilization, which is calculated as follows: _ Unemployed+Discoumged U4 _ 100 X laborFarce +Discouruged Fill in the following table by calculating the ofcial unemployment rate and the U4 measure of labor underutilization. Official Unemployment Rate U-4 Measure of Labor Underutilization (Percent) (Percent) V V The official unemployment rate and the U4 measure of labor underutilization are two different measures of joblessness in the economy. Excluding discouraged workers from the official unemployment rate may cause the official rate to Y the true extent of underemployment. U-4 = 100 X Unemployed+Discouraged Labor Force + Discouraged 3.69 3.83 3.96 3.97 Fill in the follow le by calculating the official unemployment rate and the U-4 measure of labor underutilization. 8.52 Official Une ment Rate U-4 Measure of Labor Underutilization 8.95 (P (Percent) The official unemployment rate and the U-4 measure of labor underutilization are two different measures of joblessness in the economy. Excluding discouraged workers from the official unemployment rate may cause the official rate to the true extent of underemployment.U-4 = 100 X Unemployed+Discouraged Labor Force + Discouraged 3.69 3.83 3.96 3.97 Fill in the following table by calculating the official uner ent rate and the U-4 measure of labor underutilization. 8.52 Official Unemployment Rate U-4 Measure of L nderutilization 8.95 (Percent) (P The official unemployment rate and the U-4 measure of labor underutilization are two different measures of joblessness in the economy. Excluding discouraged workers from the official unemployment rate may cause the official rate to the true extent of underemployment.Fill in the following table by calculating the ofcial unemployment rate and the U-4 measure of labor underutilization. Official Unemployment Rate U-4 Measure of Labor Underutilization (Percent) (Percent) V V understate The official unemployment rate and the U4 measure of labor underutilization are two different me - ssness in the economy. overstate Excluding discouraged workers from the official unemployment rate may cause the official rate to v the true extent of underemployment
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