In 2010, the U.S.unemployment rate reached almost 10 percent, but this official unemployment figure does not tell the whole story since
A)many workers became discouraged and left the workforce
B)the number of marginally attached workers increased
C)many U.S. workers were underemployed.
D)long-term unemployment increased drastically
E)all of the above

Question

Quizplus · Accepted Answer

All of the given options are correct. The official unemployment rate only counts those who are actively seeking employment and are unable to find it. It does not include those who have given up on finding a job, marginally attached workers, or those who are working part-time but would prefer full-time employment. The true impact of unemployment on the economy and society is much greater than what the official unemployment rate indicates.