The official U-3 unemployment rate
A) includes persons without a job who have made efforts in the last week to find a job.
B) includes persons without a job, whether they are actively searching for work or not.
C) counts discouraged workers as unemployed.
D) counts people with part-time jobs who want full-time jobs as unemployed.

Question

Quizplus · Accepted Answer

The U-3 unemployment rate, which is the most commonly reported measure of unemployment, includes only those who are without a job and have actively looked for work in the past 4 weeks. Choices B, C, and D describe different aspects that are not included in the U-3 measure. Specifically, B includes people not actively searching for work, C includes discouraged workers who have stopped looking for work, and D includes underemployed individuals, none of which are counted in the U-3 rate.

The Official U-3 Unemployment Rate