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Suppose Pete was looking for a job for so long that he decided to give up looking for a job altogether. Pete has decided to retire and live with his parents. In the official statistics, Pete would be counted as _______.

User Stan Luo
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Answer: Marginally - attached worker

Explanation: While calculating the underemployment rate the government usually includes three groups these are : unemployed workers who are actively looking for work; involuntarily part-time workers and marginally attached workers who want and are available to work , but have given up actively looking.

Therefore Pete would lie under the category of marginally attached worker who want and are available to work , but have given up actively looking.

User Cvogt
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