Understanding Discouraged Workers and Unemployment
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Questions and Answers

What term describes a person who has stopped looking for work due to feelings of hopelessness about employment opportunities?

  • Discouraged worker (correct)
  • Unemployed worker
  • Underemployed worker
  • Involuntarily unemployed worker
  • What does the unemployment rate represent?

  • The number of job vacancies in the economy
  • The percentage of employed individuals
  • The percentage of the civilian population that is unemployed (correct)
  • The total population of a country
  • How long ago did the man mentioned in the scenario lose his job?

  • Two months ago
  • Three months ago
  • Six months ago (correct)
  • One month ago
  • Why did the man stop looking for work?

    <p>He believed there were no job opportunities in his line of work</p> Signup and view all the answers

    What activity is the man currently engaged in after losing his job?

    <p>Doing household chores</p> Signup and view all the answers

    Study Notes

    Discouraged Workers

    • Discouraged workers are people who have stopped looking for work.
    • They believe that there are no jobs available in their line of work.
    • In the example, though the man has been unemployed for six months, he stopped looking for work two months into that.
    • This is a sign of discouraged workers.

    Unemployment Rate

    • The unemployment rate is the percentage of the civilian population that is considered unemployed.
    • It does not include people who are not actively looking for work, like discouraged workers.

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    Description

    This quiz explores the concepts of discouraged workers and the unemployment rate. It examines the characteristics of discouraged workers, the reasons behind their job search inactivity, and how they impact overall unemployment statistics. Test your knowledge on these critical economic topics.

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