Question
Use the following information to solve for the U-6 rate (the U-6 unemployment rate): Number of people with full-time jobs: 88.2 Number of people with
Use the following information to solve for the U-6 rate (the U-6 unemployment rate): Number of people with full-time jobs: 88.2 Number of people with part-time jobs who are happy working part-time: 10.1MM Number of people working part-time, but want full-time employment: 3.4MM Number of people who are unemployed and have looked for a job in the past month: 4.5MM Number of people who want a job, they have looked for jobs in the past year, but they have not looked in the past month because of: a. Discouraged (didn't believe there was a job available for them): .8MM b. School or family issues: .3MM There are 2.7MM people who are unemployed and would like a job, but they haven't looked for a job in the past year
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