Saturday, April 17, 2010

There is some criticism that the official unemployment statistics understate the extent of joblessness in the?

There is some criticism that the official unemployment statistics understate the extent of joblessness in the United States. Which of the following statements represent shortcomings of the official unemployment rate reported by the Bureau of Labor Statistics each month?





I. Discouraged workers are not considered unemployed.





II. People who work part time but want to be working full time are considered employed.





III. The unemployment rate does not take the duration of unemployment into account.





IV. Retirees are not included in the labor force.














A. II and III only





B. I, II, III, and IV





C. I, II, and III only





D. I and II only

There is some criticism that the official unemployment statistics understate the extent of joblessness in the?
I+II="D"





III- doesn't matter


IV- yes they really work sometimes but not very included into planned labor-force.


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