Official unemployment statistics rev:__________
a. understate unemployment because individuals receiving unemployment compensation are counted as employed.
b. understate unemployment because discouraged workers are not counted as unemployed.
c. include cyclical and structural unemployment but not frictional unemployment.
d. overstate unemployment because workers who are involuntarily working part time are counted as being employed.

Respuesta :

Answer:

b. understate unemployment because discouraged workers are not counted as unemployed.

Explanation:

The Bureau of labor statistics provides employment statistics. In its calculations, the Bureau defines an unemployed person as a jobless individual who has been actively soliciting for employment in the last four weeks. Employment statistics are released monthly.

Jobless individuals who have given up the search for employment or those who have taken a break are not considered as unemployed. The Bureau does not include jobless people taking care of the sick and the elderly at home, as unemployed.  Therefore, the formula used by the Bureau omits a certain percentage of jobless people in the calculation of the unemployment rate.

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