The official unemployment rate would be higher if it included the existence of hidden unemployment or individuals who are:
A)on unemployment compensation.
B)not working.
C)working part time but prefer full-time work.
D)voluntarily retired.
E)unemployed and looking for work.

Question

Quizplus · Accepted Answer

Hidden unemployment refers to individuals who are not included in the official unemployment rate but are still unemployed. The most common example of hidden unemployment is individuals who are working part time but would prefer full-time work. Therefore, choice C is the best option for this question.

The Official Unemployment Rate Would Be Higher If It Included