64.5k views
5 votes
The bureau of labor statistics has several measures of joblessness in addition to the official unemployment rate. one alternative is the u-4 measure of labor underutilization, which is calculated as follows

User Bitski
by
8.4k points

1 Answer

1 vote

The U4 method is Total Unemployment + Percentage of Discouraged Workers

User Calfater
by
8.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.