Mind lap - Cengage Learn G 2.77 in percentage - Good × myView /static/nb/ui/evo/index.html?deploymen 606065232402230437323821149&elSBN 9780357720578&id=2191830610&snapshotld=4155437& CENGAGE MINDTAP Homework: Chapter 06 6. Discouraged workers Which of the following statements correctly describe discouraged workers? Check all that apply. They have given up on looking for a job but are still willing to work. They are part-time workers willing to work full time. They are full-time workers who would like to work part time. They are counted as part of the labor force by the Bureau of Labor Statistics. The following table contains employment information for the United States from March 2008. Civilian Noninstitutional Population (Number of people) 232,995,000 Employed (Number of people) 146,023,000 Unemployed (Number of people) 7,820,000 Discouraged (Number of people) 401,000 The Bureau of Labor Statistics (BLS) calculates the official unemployment rate using the following formula: Unemployment Rate Number of persons unemployed Civilian Labor Force Note that the official unemployment rate does not account for discouraged workers. Under the BLS definition, the total number of unemployed workers is 7,820,000 and the civilian labor force is 232,995,000 77 If discouraged workers were to be included, the total number of unemployed workers would be 8.221.000 and the civilian labor force would be Fill in the following table by calculating the official unemployment rate using these two different methods. Esc FO F1 F2 F3 F4 F5 F6 F6 F7 DELL F8 F9 sa Fill in the following table by calculating the official unemployment rate using these two different methods. Official Unemployment Rate Unemployment Rate with Discouraged Workers Based on your calculations, excluding discouraged workers from the official unemployment rate may cause t true extent of underemployment. Tab Esc F1 Caps Lock ! 1 2 σ A F2 Grade D F3 F4 F5 F6 F7 F8 # $ 3 4 25 % Λ & * 7 8 00 W E R Y D כ S D F G

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Mind lap - Cengage Learn
G 2.77 in percentage - Good
×
myView
/static/nb/ui/evo/index.html?deploymen 606065232402230437323821149&elSBN 9780357720578&id=2191830610&snapshotld=4155437&
CENGAGE MINDTAP
Homework: Chapter 06
6. Discouraged workers
Which of the following statements correctly describe discouraged workers? Check all that apply.
They have given up on looking for a job but are still willing to work.
They are part-time workers willing to work full time.
They are full-time workers who would like to work part time.
They are counted as part of the labor force by the Bureau of Labor Statistics.
The following table contains employment information for the United States from March 2008.
Civilian Noninstitutional Population
(Number of people)
232,995,000
Employed
(Number of people)
146,023,000
Unemployed
(Number of people)
7,820,000
Discouraged
(Number of people)
401,000
The Bureau of Labor Statistics (BLS) calculates the official unemployment rate using the following formula:
Unemployment Rate
Number of persons unemployed
Civilian Labor Force
Note that the official unemployment rate does not account for discouraged workers. Under the BLS definition, the total number of unemployed workers
is 7,820,000 and the civilian labor force is 232,995,000 77
If discouraged workers were to be included, the total number of unemployed workers would be 8.221.000
and the civilian labor force would be
Fill in the following table by calculating the official unemployment rate using these two different methods.
Esc
FO
F1
F2
F3
F4
F5
F6
F6
F7
DELL
F8
F9
sa
Transcribed Image Text:Mind lap - Cengage Learn G 2.77 in percentage - Good × myView /static/nb/ui/evo/index.html?deploymen 606065232402230437323821149&elSBN 9780357720578&id=2191830610&snapshotld=4155437& CENGAGE MINDTAP Homework: Chapter 06 6. Discouraged workers Which of the following statements correctly describe discouraged workers? Check all that apply. They have given up on looking for a job but are still willing to work. They are part-time workers willing to work full time. They are full-time workers who would like to work part time. They are counted as part of the labor force by the Bureau of Labor Statistics. The following table contains employment information for the United States from March 2008. Civilian Noninstitutional Population (Number of people) 232,995,000 Employed (Number of people) 146,023,000 Unemployed (Number of people) 7,820,000 Discouraged (Number of people) 401,000 The Bureau of Labor Statistics (BLS) calculates the official unemployment rate using the following formula: Unemployment Rate Number of persons unemployed Civilian Labor Force Note that the official unemployment rate does not account for discouraged workers. Under the BLS definition, the total number of unemployed workers is 7,820,000 and the civilian labor force is 232,995,000 77 If discouraged workers were to be included, the total number of unemployed workers would be 8.221.000 and the civilian labor force would be Fill in the following table by calculating the official unemployment rate using these two different methods. Esc FO F1 F2 F3 F4 F5 F6 F6 F7 DELL F8 F9 sa
Fill in the following table by calculating the official unemployment rate using these two different methods.
Official Unemployment Rate
Unemployment Rate with Discouraged Workers
Based on your calculations, excluding discouraged workers from the official unemployment rate may cause t
true extent of underemployment.
Tab
Esc
F1
Caps Lock
!
1
2
σ
A
F2
Grade
D
F3
F4
F5
F6
F7
F8
#
$
3
4
25
%
Λ
&
*
7
8
00
W
E
R
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Transcribed Image Text:Fill in the following table by calculating the official unemployment rate using these two different methods. Official Unemployment Rate Unemployment Rate with Discouraged Workers Based on your calculations, excluding discouraged workers from the official unemployment rate may cause t true extent of underemployment. Tab Esc F1 Caps Lock ! 1 2 σ A F2 Grade D F3 F4 F5 F6 F7 F8 # $ 3 4 25 % Λ & * 7 8 00 W E R Y D כ S D F G
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