A significant problem with U.S.unemployment figures is that they
A) exclude people who are under 16 and actively looking for work.
B) change monthly, making measurement of the unemployment rate impossible.
C) exclude those who are self-employed.
D) are based on a selected sample of the population and miss counting large numbers of employed people.
E) do not indicate those who are underemployed or who have given up looking for work.

Question

Quizplus · Accepted Answer

U.S. unemployment figures do not account for those who are underemployed or who have given up looking for work, which is a significant problem in accurately assessing the true state of employment in the country. This is known as the "real unemployment rate," which includes individuals working part-time when they prefer full-time work or those who have given up seeking employment due to a lack of job opportunities. This can result in an incomplete picture of the employment situation and may underestimate the magnitude of the problem.

A Significant Problem with U