In particular, the underemployed and discouraged people are not included in the unemployment rate. Discouraged workers have stopped looking for work because they believe they will never find employment. The statement is True.
Whether temporarily or indefinitely, if someone stops looking for work, they are no longer taken into account until they start looking again. When someone actively seeks a job but has given up hunting after becoming discouraged by a protracted search, this may qualify as disguised unemployment.
Unemployment exists when those willing to work cannot find jobs. There is hidden and seasonal unemployment in rural areas. Unemployment these days is a popular trend and affects the economy as well.
To learn more about unemployment, visit here
https://brainly.com/question/13399471
#SPJ4
