Question

________ statistics only count those who are actively looking for work, who have not earned income from a job in the past four weeks and who are ready, willing, and able to work.

A) Unemployment rate
B) Labor force participation rate
C) Underemployment rate
D) Discouraged worker rate

Answer 1

The unemployment rate counts individuals actively seeking work in the past four weeks without current employment. It does not include those out of the labor force or discouraged workers who have stopped looking for work.

Step-by-step explanation:

The statistics described in the question are specifically for measuring the unemployment rate. The U.S. unemployment rate includes individuals who are without a job, available for work, and have actively been looking for employment within the past four weeks. It is important to note that those who have become discouraged by their job search and are no longer actively seeking employment are not counted in the unemployment rate, but rather are considered out of the labor force. Accurate measurement of unemployment can sometimes be problematic due to various factors such as underreporting of income or misclassification of labor status.