Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe that there aren't any jobs available. You would be counted as discouraged worker
Step-by-step explanation:
Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe that there aren't any jobs available. You would be counted as
A discouraged worker is an individual who has given up looking for employment even though they are perfectly eligible to take up a job but to the repeated failure in finding a job they have then ceased their search for finding an employment.
Discouraged workers have stopped looking for employment opportunities because they feel that their is no job that suits their qualifications
Since they have stopped searching they are not included in the labor force hence when we see the statistics for unemployment these people are not included there also .So they are called Discouraged Workers
The correct formula for calculating the unemployment rate
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D) Neither formula is used to calculate the unemployment rate
The formula for Unemployment rate is
==> U=Unemployed People/Labor force*100