Table 10-4

-Refer to Table 10-4. What is the U-4 measure of labor underutilization?

Name: Table 10-4 -Refer to Table 10-4. What is the U-4 measure of labor underutilization?
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Question

Table 10-4
 
-Refer to Table 10-4. What is the U-4 measure of labor underutilization?

Quizplus · Accepted Answer

The U-4 measure of labor underutilization is the percentage of unemployed people, plus those who have given up looking for work, plus those who want a job but are not currently looking for one, expressed as a percentage of the labor force. In Table 10-4, the U-4 rate is 6.9 percent.

Table 10-4 -Refer to Table 10-4. What Is the U-4 Measure of the U-4