The following table contains U.S. employment information from February 2011.
(Persons 16 years old and
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:
Unemployed+DiscouragedLabor Force + Discouraged
100×Unemployed+DiscouragedLabor Force + D
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.
3. Types of unemployment
The three people described in the following table are categorized as unemployed by the Bureau of Labor Statistics.
Identify each person in the table as structurally, frictionally, or cyclically unemployed.
Felix recently lost his job as a waiter at a local restaurant. A recent
increase in the minimum wage keeps local employers from adding
more of the low-skill positions for which he qualifies, so he has
been unable to find work. He continues to look for a job, but he's