Different measures of unemployment rates

Assignment Help Microeconomics

Reference no: EM131774775

Question: The BLS reports several different measures of unemployment rates. For example, the official unemployment rate (and thus the most reported) is called the U-3 measurement. For April 2017 the U-3 unemployment rate was 4.4%. However, the BLS also reports the U-6 measurement. For April 2017, the U-6 unemployment rate was 9.2%, much larger than the U-3 rate. Considering the categories of unemployed, employed, and not in the labor force, which of the answer choices best explains the different values of the unemployment rates of U-3 and U-6?

A. U-3 does not count discouraged workers in the not in the labor force category but does count time workers full-time work in the unemployed category

B.U-3 does not count part-time workers seeking full-time work in the unemployed category.

C. U-6 counts both discouraged workers and part-time workers seeking full-time work in the unemployed category.

D. U-6 counts part-time workers seeking full-time work in the employed category.

Reference no: EM131774775

Questions Cloud

Discuss signing a long-term note payable for the balance : Purchased equipment costing $87,400 by paying $52,000 cash and signing a long-term note payable for the balance

Prepare all necessary journal entries for both situations : Problem - Journal Entries for Fair Value and Equity Methods - Instructions - Prepare all necessary journal entries in 2007 for both situations

Probability that any one individual would have second phone : Based on what else you know about this person, you were already a little (.01 probability) suspicious. Calculate the probability that any one individual.

Calculate the value of the lump sum option : The insurance company is offering a settlement of $450,000 to be paid in a lump sum 2 years from now, Calculate the value of the lump sum option

Different measures of unemployment rates : The BLS reports several different measures of unemployment rates. For example, the official unemployment rate (and thus the most reported) is called.

How much will you pay for the company stock today : The company pledges to increase it's dividend by 5.1 percent per year, indefinitely. If you require a return of 11 percent on your investments

How must mary beth treat this on her tax return : During 2010 she incurred a loss, for tax purposes, of 30,000 on the office building. How must Mary Beth treat this on her 2010 tax return

Calculate the price : If my required return is 16%, calculate the price. The last dividend paid was $2 per share.

What is mike and sallys interest deduction for the tax year : Investment income and related expenses amount to 7,000 and 500 respectively. What is Mike and Sally's interest deduction for the 2010 tax year

User Account

All Pages