Economy, asked by simran4196, 3 months ago

5. How "discouraged workers" are treated in calculating the unemployment
rate? What is its impact on official unemployment statistics?

Answers

Answered by sneha364152
2

Answer:

Since discouraged workers are not actively searching for a job, they are considered nonparticipants in the labor market—that is, they are neither counted as unemployed nor included in the labor force. ... As a result, the U-4 rate is always higher than the official unemployment rate.

Similar questions