Asked by Reegan Van Rooyen on Jun 05, 2024
Verified
Not counting _____ as unemployed understates unemployment.
A) children
B) retired persons
C) students
D) people who do not want to work
E) discouraged workers
Discouraged Workers
Individuals who are not actively seeking employment because they believe no jobs are available for them or there are no opportunities for which they qualify.
Unemployed
Individuals who are capable of working and are actively seeking employment but are unable to find a job.
Unemployment
The state of being without a paid job despite seeking employment.
- Gain an understanding of the limitations present in officially reported unemployment statistics.
Verified Answer
HA
Hannah AbrahamJun 11, 2024
Final Answer :
E
Explanation :
Discouraged workers are individuals who have given up on finding employment and are therefore not actively seeking work. While they are not technically considered "unemployed," excluding them from unemployment statistics would provide an incomplete picture of the true state of unemployment in an economy.
Learning Objectives
- Gain an understanding of the limitations present in officially reported unemployment statistics.