Unemployment statistics can be misleading because they count as employed people who work part-time because they can't find full-time work, and people who have given up their search for employment.

Question

Quizplus · Accepted Answer

This is true because unemployment statistics typically only count individuals who are actively seeking employment and do not factor in those who have given up or settled for part-time work due to lack of full-time opportunities. Therefore, the unemployment rate may not accurately reflect the true state of joblessness in the population.

Unemployment Statistics Can Be Misleading Because They Count as Employed