Using a broader measure of the unemployment rate where discouraged workers and part-time workers who wished to work full time were counted as unemployed,the BLS estimates the unemployment rate in April 2017 would have ________ compared to the measured unemployment rate.

Question

Quizplus · Accepted Answer

This broader measure of the unemployment rate is known as the U6 unemployment rate, which includes the underemployed and discouraged workers. In April 2017, the U6 unemployment rate was 8.6%, almost double the measured unemployment rate of 4.4%. Therefore, the answer is B, almost doubled.

Using a Broader Measure of the Unemployment Rate Where Discouraged