Question 1

The Bureau of Labor Statistics defines discouraged workers as marginally attached workers who have given a job- market related reason for not currently looking for a job.

Accepted Answer

This is the accurate definition given by the Bureau of Labor Statistics. Discouraged workers are considered to be marginally attached workers who have cited reasons such as the belief that there are no jobs available, a lack of necessary skills or training, or discrimination in the job market as their reasons for not actively seeking employment.

Question 2

It is best to view the official unemployment rate as a useful but imperfect measure of joblessness.

Accepted Answer

While the official unemployment rate is an important statistic for understanding the state of the labor market, it has limitations and may not capture all individuals who are out of work or underemployed. For example, it does not account for those who have given up looking for work or those who are working part-time but would like to work full-time. Therefore, it is important to also consider other factors and measures of joblessness when evaluating the labor market.

Question 3

The Bureau of Labor Statistics' U­3 measure of joblessness is the official unemployment rate.

Accepted Answer

The U-3 measure of unemployment is commonly referred to as the official unemployment rate and is released by the Bureau of Labor Statistics.

Question 4

The Bureau of Labor Statistics' U­4 measure of joblessness includes discouraged workers.

Accepted Answer

The U-4 measure of joblessness includes discouraged workers, along with those who have looked for work in the past 12 months but not in the past 4 weeks.

Question 5

Because people move into and out of the labor force so often, statistics on unemployment are difficult to interpret.

Accepted Answer

This is true because the unemployment rate only takes into account those who are actively looking for work and do not have a job, and does not account for those who have given up looking for work or those who are underemployed. Therefore, fluctuations in the unemployment rate can be influenced by changes in the labor force participation rate.

Question 6

The Bureau of Labor Statistics' U­5 measure of joblessness is the official unemployment rate.

Accepted Answer

The Bureau of Labor Statistics' U-3 measure of joblessness is the official unemployment rate, not the U-5 measure. The U-5 measure includes additional categories of unemployed individuals, such as discouraged workers, who are not currently looking for work but have recently searched for employment.

Question 7

Discouraged workers are people who want to work but have given up trying to find a job after an unsuccessful search.

Accepted Answer

This is the definition of discouraged workers.

Question 8

The Bureau of Labor Statistics' U­1 measure of joblessness includes only very long­term unemployed.

Accepted Answer

The answer of The Bureau of Labor Statistics' U­1 measure...

Question 9

People who report being not in the labor force but who, in fact, want to work but have given up trying to find a job after an unsuccessful search cause the reported unemployment rate to be lower than it would otherwise be.

Accepted Answer

This is true as these people are not counted as unemployed and therefore do not contribute to the unemployment rate, which makes it appear lower than it actually is.

Question 10

The Bureau of Labor Statistics' U­2 measure of joblessness includes job losers and job leavers.

Accepted Answer

The Bureau of Labor Statistics' U-2 measure of joblessness includes only job losers, not job leavers.

Question 11

If people who report being unemployed are not, in fact, trying hard to find a job, then the reported unemployment rate will be biased upward.

Accepted Answer

If individuals who are not actively seeking employment are included in the reported unemployment rate, it will overestimate the true level of unemployment.

Question 12

The unemployment rate reported by the Bureau of Labor Statistics clearly understates the true unemployment rate.

Accepted Answer

The answer of The unemployment rate reported by the Bureau...

Question 13

People who report being unemployed but who, in fact, are working for "under the table" pay to avoid taxes on their earnings are really employed and therefore cause the reported unemployment rate to be higher than it would otherwise be.

Accepted Answer

People who work for "under the table" pay are technically employed but not counted in the official unemployment rate because they are not paying taxes on their earnings and not being tracked by official employment surveys. This means that the reported unemployment rate is actually lower than the true unemployment rate.

Question 14

The Bureau of Labor Statistics' U­5 measure of joblessness includes marginally attached workers.

Accepted Answer

The U-5 measure of joblessness does include marginally attached workers, who are defined as individuals who have looked for work in the past 12 months but are not currently looking or available for work.

Question 15

Almost half of all spells of unemployment end when the unemployed person leaves the labor force.

Accepted Answer

According to research, almost half of spells of unemployment end because the unemployed person becomes discouraged and leaves the labor force altogether.

Question 16

Rupert is collecting unemployment insurance benefits. To continue to receive his benefits, he must be looking for work. Because he'd like to continue collecting benefits rather than take a job, he applies at places that are unlikely to hire him. People like Rupert make the reported unemployment rate less than it would otherwise be.

Accepted Answer

People like Rupert, who are actively applying for jobs (even if selectively), are counted as part of the labor force and therefore contribute to the unemployment rate, not reduce it. The reported unemployment rate includes individuals actively seeking employment.

Question 17

Not all unemployment ends with the job seeker finding a job.

Accepted Answer

Sometimes individuals may become discouraged and give up their job search, while others may become "discouraged" workers and drop out of the labor force altogether. In either case, they are still classified as unemployed but not actively seeking work.

Question 18

The Bureau of Labor Statistics defines marginally attached workers as persons who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the recent past.

Accepted Answer

This is the exact definition of marginally attached workers provided by the Bureau of Labor Statistics.

Question 19

The Bureau of Labor Statistics' U­1 measure of joblessness is larger than its U­6 measure of joblessness.

Accepted Answer

The U-6 measure includes all unemployed individuals (including those who have given up looking for work and those working part-time but wanting full-time work), whereas the U-1 measure only includes those who are unemployed and currently seeking full-time employment. Therefore, the U-6 measure is typically larger than the U-1 measure.

Question 20

The Bureau of Labor Statistics' U­1 measure of joblessness is smaller than its U­6 measure of joblessness.

Accepted Answer

The U-1 measure only includes people who are unemployed and have been unemployed for 15 weeks or longer and are actively seeking work. The U-6 measure includes not only these people but also those who are underemployed (part-time workers who want full-time work) and discouraged workers who have given up looking for work but still want a job. Therefore, the U-6 measure is typically larger than the U-1 measure.

Quiz 28: Unemployment

The Bureau of Labor Statistics defines discouraged workers as marginally attached workers who have given a job- market related reason for not currently looking for a job.

It is best to view the official unemployment rate as a useful but imperfect measure of joblessness.

The Bureau of Labor Statistics' U3 measure of joblessness is the official unemployment rate.

The Bureau of Labor Statistics' U4 measure of joblessness includes discouraged workers.

Because people move into and out of the labor force so often, statistics on unemployment are difficult to interpret.

The Bureau of Labor Statistics' U5 measure of joblessness is the official unemployment rate.

Discouraged workers are people who want to work but have given up trying to find a job after an unsuccessful search.

The Bureau of Labor Statistics' U1 measure of joblessness includes only very longterm unemployed.

People who report being not in the labor force but who, in fact, want to work but have given up trying to find a job after an unsuccessful search cause the reported unemployment rate to be lower than it would otherwise be.

The Bureau of Labor Statistics' U2 measure of joblessness includes job losers and job leavers.

If people who report being unemployed are not, in fact, trying hard to find a job, then the reported unemployment rate will be biased upward.

The unemployment rate reported by the Bureau of Labor Statistics clearly understates the true unemployment rate.

People who report being unemployed but who, in fact, are working for "under the table" pay to avoid taxes on their earnings are really employed and therefore cause the reported unemployment rate to be higher than it would otherwise be.

The Bureau of Labor Statistics' U5 measure of joblessness includes marginally attached workers.

Almost half of all spells of unemployment end when the unemployed person leaves the labor force.

Not all unemployment ends with the job seeker finding a job.

The Bureau of Labor Statistics defines marginally attached workers as persons who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the recent past.

The Bureau of Labor Statistics' U1 measure of joblessness is larger than its U6 measure of joblessness.

The Bureau of Labor Statistics' U1 measure of joblessness is smaller than its U6 measure of joblessness.

Quiz 28: Unemployment

The Bureau of Labor Statistics defines discouraged workers as marginally attached workers who have given a job- market related reason for not currently looking for a job.

It is best to view the official unemployment rate as a useful but imperfect measure of joblessness.

The Bureau of Labor Statistics' U­3 measure of joblessness is the official unemployment rate.

The Bureau of Labor Statistics' U­4 measure of joblessness includes discouraged workers.

Because people move into and out of the labor force so often, statistics on unemployment are difficult to interpret.

The Bureau of Labor Statistics' U­5 measure of joblessness is the official unemployment rate.

Discouraged workers are people who want to work but have given up trying to find a job after an unsuccessful search.

The Bureau of Labor Statistics' U­1 measure of joblessness includes only very long­term unemployed.

People who report being not in the labor force but who, in fact, want to work but have given up trying to find a job after an unsuccessful search cause the reported unemployment rate to be lower than it would otherwise be.

The Bureau of Labor Statistics' U­2 measure of joblessness includes job losers and job leavers.

If people who report being unemployed are not, in fact, trying hard to find a job, then the reported unemployment rate will be biased upward.

The unemployment rate reported by the Bureau of Labor Statistics clearly understates the true unemployment rate.

People who report being unemployed but who, in fact, are working for "under the table" pay to avoid taxes on their earnings are really employed and therefore cause the reported unemployment rate to be higher than it would otherwise be.

The Bureau of Labor Statistics' U­5 measure of joblessness includes marginally attached workers.

Almost half of all spells of unemployment end when the unemployed person leaves the labor force.

Not all unemployment ends with the job seeker finding a job.

The Bureau of Labor Statistics defines marginally attached workers as persons who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the recent past.

The Bureau of Labor Statistics' U­1 measure of joblessness is larger than its U­6 measure of joblessness.

The Bureau of Labor Statistics' U­1 measure of joblessness is smaller than its U­6 measure of joblessness.

The Bureau of Labor Statistics' U3 measure of joblessness is the official unemployment rate.

The Bureau of Labor Statistics' U4 measure of joblessness includes discouraged workers.

The Bureau of Labor Statistics' U5 measure of joblessness is the official unemployment rate.

The Bureau of Labor Statistics' U1 measure of joblessness includes only very longterm unemployed.

The Bureau of Labor Statistics' U2 measure of joblessness includes job losers and job leavers.

The Bureau of Labor Statistics' U5 measure of joblessness includes marginally attached workers.

The Bureau of Labor Statistics' U1 measure of joblessness is larger than its U6 measure of joblessness.

The Bureau of Labor Statistics' U1 measure of joblessness is smaller than its U6 measure of joblessness.