The official unemployment rate would be higher if it included the existence of hidden unemployment or individuals who are:

A) on unemployment compensation.
B) not working.
C) working part time but prefer full-time work.
D) voluntarily retired.
E) unemployed and looking for work.

Hidden Unemployment

Unemployment that includes individuals who have stopped looking for work or those who are underemployed, not fully reflected in official unemployment statistics.

Unemployment Compensation

Financial payments made to individuals who have lost their job until they find new employment, typically administered by government agencies.

Part Time

Employment with fewer hours per week compared to full-time jobs, often offering less benefits and lower pay.