Question

Between August 2018 and August 2019 the number of discouraged workers decreased from 977,000 to 844,000....

Between August 2018 and August 2019 the number of discouraged workers decreased from 977,000 to 844,000. Assuming the change resulted from discouraged workers starting to make specific efforts to find a job again, this change

Select one:

Decreases the official unemployment rate.

Does not change the official unemployment rate.

Increases the official unemployment rate.

Increases the labor force.

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Answer #1

Option C Increaes Official Unemployment Rate

The formula for unemployment rate is: Unemployment Rate = Number of Unemployed Persons / Labor Force. The labor force is the sum of unemployed and employed persons. By dividing the number of individuals whom are unemployed by labor force, you'll find unemployment rate.

When discouraged workers will be actively seeking work they will become part of Labor force and will also be considered Unemployed. Hence official unemoyment rate will increase.

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