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 August 2015 would have ________ compared to the measured unemployment rate.
A)increased by more than 7 percentage points
B)more than doubled
C)decreased by less than 1 percentage point
D)barely changed

Question

Quizplus · Accepted Answer

This broader measure is referred to as the U-6 unemployment rate, and in August 2015 it was 10.3%, compared to the measured unemployment rate of 5.1%. This means that the U-6 rate was more than double the measured rate.

Using a Broader Measure of the Unemployment Rate Where Discouraged