Use the following table to answer the following questions.
Table 28-1

-Refer to Table 28-1.What is the U-1 measure of labor underutilization?
A)1.6 percent
B)3.1 percent
C)4.7 percent
D)6.2 percent

Question

Use the following table to answer the following questions.
Table 28-1
 
-Refer to Table 28-1.What is the U-1 measure of labor underutilization?
A)1.6 percent 
B)3.1 percent 
C)4.7 percent 
D)6.2 percent

Quizplus · Accepted Answer

The U-1 measure of labor underutilization represents the percentage of the labor force that has been unemployed for 15 weeks or longer. According to the data provided, this is 1.6 percent.

Use the Following Table to Answer the Following Questions