When most workers are classified as not being in the labor force, when in reality they are actively searching for work, then the unemployment rate will be Group of answer choices Either understated or overstated Neither understated nor overstated Understated Overstated

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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When most workers are classified as not being in the labor force, when in reality they are actively searching for work, then the unemployment rate will be
Group of answer choices
Either understated or overstated
Neither understated nor overstated
Understated
Overstated
 
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Labour force is the sum of employed and unemployed. Unemployed people are people who are actively looking for work and willing to do work but cannot find any job.

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