Which broader measure of underemployed labor is largest? A. discouraged workers. B. people employed part time for noneconomic reasons C. other marginally attached workers D. people employed part time for economic reasons

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Which broader measure of underemployed labor is largest?

A. discouraged workers.

B. people employed part time for noneconomic reasons

C. other marginally attached workers

D. people employed part time for economic reasons

U-6: U-5 plus people
employed part time for
economic reasons
All six measures
increase during a
recession.
O
Reset
Unemployment rate (percentage of labor force)
18
15
12
9
6
3
2001
recession
2008-2009
recession
U-6
U-5
U-4
0-3
U-2
U-1
0
1994 1997 2000 2003 2006 2009 2012 2015 2018 2021
Year
Transcribed Image Text:U-6: U-5 plus people employed part time for economic reasons All six measures increase during a recession. O Reset Unemployment rate (percentage of labor force) 18 15 12 9 6 3 2001 recession 2008-2009 recession U-6 U-5 U-4 0-3 U-2 U-1 0 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021 Year
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