The official unemployment rate would be higher if it included the existence of hidden unemployment.Who falls into this category?
A) people who are on unemployment compensation
B) people who work part time but prefer full-time work
C) people who have voluntarily retired
D) people who are unemployed but are looking for work

Question

The official unemployment rate would be higher if it included the existence of hidden unemployment.Who falls into this category?  
A) people who are on unemployment compensation 
B) people who work part time but prefer full-time work 
C) people who have voluntarily retired 
D) people who are unemployed but are looking for work

Quizplus · Accepted Answer

Hidden unemployment includes individuals who are not included in the official unemployment rate but are still available to work and seeking employment. This includes people who work part-time but prefer full-time work (referred to as underemployment). People who are on unemployment compensation (A) and those voluntarily retired (C) do not fall into this category. People who are unemployed but looking for work (D) are included in the official unemployment rate.

The Official Unemployment Rate Would Be Higher If It Included