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 dissatisfied with their current jobs and are considering quitting. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics. They have not looked for a job in 4 weeks (or longer), but they would like a job and are available for work. The following table contains U.S. employment information from August 2018. Civilian Population (Persons 16 years old and over) 258,066,000 Employed Unemployed (Persons) (Persons) 155,604,000 6,197,000 Unemployed+Discouraged U-4 = 100 X Labor Force + Discouraged Discouraged (Persons) 434,000 The 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:

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 dissatisfied with their current jobs and are considering quitting. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics. They have not looked for a job in 4 weeks (or longer), but they would like a job and are available for work. The following table contains U.S. employment information from August 2018. Civilian Population (Persons 16 years old and over) 258,066,000 Employed Unemployed (Persons) (Persons) 155,604,000 6,197,000 Unemployed+Discouraged U-4 = 100 X Labor Force + Discouraged Discouraged (Persons) 434,000 The 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:

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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