What does U6, a broad measure of unemployment, stand for?
A)total unemployed, including workers who are underemployed
B)total unemployed minus all marginally attached workers
C)total unemployed plus all marginally attached workers and total employed part time for economic reasons
D)total unemployed, including all marginally attached workers but excluding workers who are underemployed
E)total unemployed, excluding those out of work for more than six months

Question

Quizplus · Accepted Answer

U6 is a broad measure of unemployment that includes not only total unemployed but also all marginally attached workers (those who have looked for work in the past 12 months but not in the past 4 weeks) and the total employed part-time for economic reasons (those who would like to work full-time but cannot find full-time work or have had their hours cut). Therefore, choice C is the correct answer.

What Does U6, a Broad Measure of Unemployment, Stand For