Asked by Olivia Leonard on Jun 18, 2024
Verified
Although the U.S. economy began a recovery in 2009, the percentage of people who were unemployed or underemployed was approximately ________________.
A) 9 percent
B) 10 percent
C) 15 percent
D) 17 percent
Underemployed
Condition where individuals are working fewer hours than desired or in jobs that do not fully utilize their skills and qualifications.
Economic Recovery
The process by which a nation's economy rebounds from a period of recession or economic downturn, characterized by a rise in employment, consumer spending, and growth in GDP.
- Comprehend the elements leading to economic downturns and the strategies implemented to mitigate them.
Verified Answer
ZK
Zybrea KnightJun 19, 2024
Final Answer :
D
Explanation :
The correct answer is approximately 17 percent, reflecting the combined rate of unemployment and underemployment during the period of economic recovery beginning in 2009. This figure includes those who were jobless, those who were working part-time but wanted full-time work, and those who were marginally attached to the labor force.
Learning Objectives
- Comprehend the elements leading to economic downturns and the strategies implemented to mitigate them.
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