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

-Refer to Table 28-1.What is the U-4 measure of labor underutilization?
A)6.2 percent
B)6.9 percent
C)7.0 percent
D)8.1 percent

Question

Use the following table to answer the following questions.
Table 28-1
 
-Refer to Table 28-1.What is the U-4 measure of labor underutilization?
A)6.2 percent 
B)6.9 percent 
C)7.0 percent 
D)8.1 percent

Quizplus · Accepted Answer

The U-4 measure of labor underutilization is the total unemployed plus discouraged workers, as a percentage of the civilian labor force plus discouraged workers. Looking at the table, we can see that the U-4 measure for May 2021 is 6.9 percent.

Use the Following Table to Answer the Following Questions