Different demographic groups
A)have identical durations of unemployment
B)have identical unemployment rates
C)are weighted equally in the official unemployment rate
D)have different unemployment rates
E)are weighted more heavily in the official unemployment rate if they have larger unemployment rates

Question

Quizplus · Accepted Answer

Different demographic groups tend to have different unemployment rates based on factors such as education, experience, and industry. Therefore, they cannot have identical unemployment rates or durations of unemployment. The official unemployment rate is calculated by taking the number of unemployed individuals and dividing it by the labor force, which includes all individuals who are able and willing to work. Therefore, all demographic groups are weighted equally in the official unemployment rate calculation, regardless of their unemployment rates.

Different Demographic Groups