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The unemployment rate understates the true problem of unemployment because of: A. all of the other...

The unemployment rate understates the true problem of unemployment because of:

A. all of the other three answers are correct.

B. the plight of people who have given up looking for a job.

C. it dows not include people in the military

D. people who work part-time are considered unemployed.

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Answer #1

ans B

The unemployment rate is defined as the percentage of unemployed workers in the total labor force. Workers are considered unemployed if they currently do not work, despite the fact that they are able and willing to do so. The total labor force consists of all employed and unemployed people within an economy.

Discouraged workers, for example, are not considered unemployed, because they are no longer searching for work even though most would accept employment if it were offered. Part-time workers are considered employed even if they work only one hour a week.

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