Answered

Dive into the world of knowledge and get your queries resolved at IDNLearn.com. Our platform offers comprehensive and accurate responses to help you make informed decisions on any topic.

What is the difference between the
Standard Unemployment Rate and the
Real Unemployment Rate?

Sagot :

Er12222008idn

Answer:

The U-3 is the rate most often reported in the media. For the U-3 rate, the Bureau of Labor Statistics only counts people without jobs who are in the labor force. The U-6, or real unemployment rate, includes the underemployed, the marginally attached, and discouraged workers.According to Santangelo, “the difference between the official rate of unemployment (14.7 percent) and what's referred to as U-6 (22.8 percent), which is much closer to the truth, is generally 10 percent.” The April jobs report showed the difference to be slightly less but still significant.

Explanation:

Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. IDNLearn.com is dedicated to providing accurate answers. Thank you for visiting, and see you next time for more solutions.