Why is the unemployment rate considered to be an incomplete indicator of the health of the labor market? I. because it does not measure how well people are matched to the jobs they do II. because the definition of discouraged workers is not clear III. because it does not correctly define the adult population

Question

Quizplus · Accepted Answer

The unemployment rate does not account for job matching quality and does not clearly define discouraged workers, but it does correctly define the adult population.

Why Is the Unemployment Rate Considered to Be an Incomplete