May underestimate the true rate of unemployment

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1. After earning her degree at SLCC School of Business then transferring to a four-year university, a recent accounting graduate is searching for a place to begin her career as an accountant. This individual is

frictionally unemployed.

structurally unemployed.

seasonally unemployed.

cyclically unemployed.

2. The current official unemployment rate of 4.6%, down from 4.9% after the most recent jobs report, may underestimate the true rate of unemployment because the official rate

fails to include discouraged workers.

does not include individuals receiving any type of unemployment compensation.

may include some individuals who are not actually in the labor force.

includes those workers who only work part time.

Reference no: EM131393689

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