Question
During a recession, many workers with part-time jobs wantfull-time jobs, but cannot find them. These workers are referred to as underemployed. Does the existence of
During a recession, many workers with part-time jobs wantfull-time jobs, but cannot find them. These workers are referred to as "underemployed." Does the existence of underemployment lead the unemployment rate to understate or overstate the problem of joblessness in the economy?
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Answer Underemployment typically part time job holders understates ...
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Money Banking And The Financial System
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
3rd Edition
134524063, 9780134524573, 978-0134524061
