The BLS reports several different measures of unemployment rates. For example, the official unemployment rate (and thus the most reported) is called theU-3measurement. For August 2019, the U-3 unemployment rate was 3.7%. However, the BLS also reports theU-6measurement. For August 2019, the U-6 unemployment rate was 6.2%, much larger than the U-3 rate. Considering the categories ofunemployed,employed, andnot in the labor force, which of the answer choices best explains the different values of the unemployment rates of U-3 and U-6?

Group of answer choices

U-3 does not count discouraged workers in thenot in the labor forcecategory but does count part-time workers seeking full-time work in theunemployedcategory.

U-3 does not count part-time workers seeking full-time work in theunemployedcategory.

U-6 counts both discouraged workers and part-time workers seeking full-time work in theunemployedcategory.

U-6 counts part-time workers seeking full-time work in theemployedcategory.