2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the...
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 are employed workers who want to earn higher wages.
They have given up on looking for a job.
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 January 2011.
|
Civilian Population |
Employed |
Unemployed |
Discouraged |
|---|---|---|---|
|
(Persons 16 years old and over) |
(Persons) |
(Persons) |
(Persons) |
| 238,704,000 | 139,323,000 | 13,863,000 | 993,000 |
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:
| U-4U-4 | = = | 100×Unemployed+DiscouragedLabor Force + Discouraged100×Unemployed+DiscouragedLabor Force + Discouraged |
Fill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization.
|
Official Unemployment Rate |
U-4 Measure of Labor Underutilization |
|---|---|
|
(Percent) |
(Percent) |
The official unemployment rate and the U-4 measure of labor underutilization are two different measures of joblessness in the economy.
If the Bureau of Labor Statistics were to include discouraged workers in the official unemployment rate, the reported unemployment rate would .
Homework Answers
The following statements correctly describe discouraged workers:
-They have given up on looking for a job.
-They have not looked for a job in 4 weeks (or longer), but they would like a job and are available for work.
Official Unemployment Rate = Unemployed/Employed+Unemployed
= 13,863,000/13,863,000+139,323,000
= 9.05
U-4 Measure of Labor Underutilization=Unemployed+Discouraged workers/Unemployed+Employed+Discouraged
= 13,863,000+993000/13,863,000+139,323,000+993000
= 9.64
If the Bureau of Labor Statistics were to include discouraged workers in the official unemployment rate, the reported unemployment rate would Increase
Add Answer to:
2. Discouraged workers
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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 are full-time workers who would like to work only part-time. The following table contains U.S. employment...
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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 have not looked for a job in 4 weeks (or longer), but they would like a job and are available for work. They are counted as part of the labor force by the Bureau of Labor Statistics. They have given up on looking for a job. They are employed workers who want to earn higher wages. The following table...
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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.
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Which of the following statements correctly describe discouraged workers?
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20. Chapter ma2pe08r, Section .281, Problem 177 (ID: 177.28.1 - MC - MANK08) Table 28-6 Civilian labor...
20. Chapter ma2pe08r, Section .281, Problem 177 (ID:
177.28.1 - MC - MANK08)
Table 28-6
Civilian labor force
100 million
Persons unemployed 15 weeks or longer
1.6 million
Job losers and persons who have completed temporary jobs
(excludes job leavers)
3.1 million
Total unemployed
6.2 million
Total unemployed plus discouraged workers
7.0 million
Total unemployed plus all marginally attached workers
8.1 million
Total unemployed plus all marginally attached workers plus
total employed part-time for economic reasons
9.2 million
Refer to Table...
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 are full-time workers who would like to work only part-time. The following table contains U.S. employment...
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The following table contains U.S. employment information from June 2019. Civilian Population (Persons 16 years old and over) 259,037,000 Employed (Persons) 157,005,000 Unemployed (Persons) 5,975,000 Discouraged (Persons) 425,000 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 Fill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization. Official Unemployment Rate...
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