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Business, 04.07.2020 01:01 zykia1002

Fill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization. 9.05 9.05
9.64 9.64
9.70 9.70
9.95 9.95
13.91 13.91
14.60 14.60
The official unemployment rate and the U-4 measure of labor underutilization are two different measures of joblessness in the economy.
Excluding discouraged workers from the official unemployment rate may cause the official rate to (overstate/understate) the true extent of underemployment.

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