Asked by Angelica Serrano on May 28, 2024
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Discouraged workers are included in labor force figures,but not in unemployment figures.
Discouraged Workers
Individuals not actively seeking employment because they believe no jobs are available for them.
Labor Force
The sum of individuals either working or actively looking for work in an economic system.
Unemployment Figures
The statistics that represent the percentage of the labor force that is not employed but actively seeking employment.
- Comprehend the idea and effects of engagement in the labor market.
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Learning Objectives
- Comprehend the idea and effects of engagement in the labor market.
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