Asking whether people are unemployed for short spells or whether the duration of joblessness is long term is:
A) a question answered by the official unemployment rate.
B) not an important question to answer in understanding the overall health of the labor market.
C) a question that is impossible to answer.
D) not a question that the Bureau of Labor Statistics collects data on.
E) a question that can be answered because the Bureau of Labor Statistics keeps an alternative measure of unemployment that tracks the length of time workers have been unemployed.

Question

Quizplus · Accepted Answer

The question of whether people are unemployed for short spells or whether the duration of joblessness is long term can be answered because the Bureau of Labor Statistics keeps an alternative measure of unemployment that tracks the length of time workers have been unemployed. This measure is known as the U-6 measure or the underemployment rate.

Asking Whether People Are Unemployed for Short Spells or Whether