Asked by Clayton Carter on Jun 11, 2024
Verified
The U.S.Department of Labor may underestimate the severity of unemployment for all of the following reasons except
A) discouraged workers are not considered part of the labor force.
B) many workers are "underemployed," occupying jobs well below their levels of skills and education.
C) surveys of household members are likely to produce a rosier picture of employment circumstances than actually exists.
D) many households earn far less income than they desire.
E) part-time workers are grouped among the employed,even though they desire full-time employment.
Discouraged Workers
Individuals who are not actively looking for work because they believe no jobs are available for them or there are no positions for which they qualify.
Underemployed Workers
Individuals working less than they would like to or in positions that do not utilize their skills or education level.
- Apprehend the technique involved in computing the unemployment rate and perceive the shortcomings of authorised statistical information.
Verified Answer
SD
Stephanie DominguezJun 12, 2024
Final Answer :
D
Explanation :
The U.S. Department of Labor's methods for estimating unemployment focus on employment status and do not directly consider the income levels households desire. This means that households earning less income than desired does not affect the measurement of unemployment severity according to their criteria.
Learning Objectives
- Apprehend the technique involved in computing the unemployment rate and perceive the shortcomings of authorised statistical information.