Chapter 3R, Problem 13MCQ

To determine

To identify the people who are considered unemployed.

Explanation of Solution

People are considered unemployed if they are not working currently but actively looking for a job.

The unemployment rate doesn’t count the people who are discouraged workers, marginally attached workers, and underemployed.

For example, underemployed workers are those who are highly qualified, but not getting jobs according to their qualifications. Such people get either low-wage or low-profile jobs. So, they prefer to stay unemployed.

Retired workers are not actively looking for a job and thus they can’t be considered unemployed.

Part-time workers are considered employed.

So, aspiring workers who are seeking their first job are considered unemployed.

Option “b” is correct.