Fill in the following table by calculating the

Fill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization.
The official unemployment rate and the U-4 measure of labor underutilization are two different measures of
joblessness in the economy.
If the Bureau of Labor Statistics were to include discouraged workers in the official unemployment rate, the reported
unemployment rate would
2. Discouraged workers
Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of
the checkboxes blank.) Check all that apply.
The following table contains U.S. employment information from January 2011.
Civilian Population Employed Unemployed Discouraged
(Persons 16 years old and
over)
(Persons) (Persons) (Persons)
238,704,000 139,323,000 13,863,000 993,000
The Bureau of Labor Statistics has several measures of joblessness in addition to the official unemployment rate. One
alternative is the U-4 measure of labor underutilization, which is calculated as follows:
U-4
U-
4
=
=
100×
Unemployed+DiscouragedLabor Force + Discouraged
100×Unemployed+DiscouragedLabor Force + D
iscouraged
Fill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization.
The official unemployment rate and the U-4 measure of labor underutilization are two different measures of
joblessness in the economy.
2. Discouraged workers

Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of
the checkboxes blank.) Check all that apply.