The Bureau of Labor Statistics Counts Discouraged Workers as

question 35

Multiple Choice

The Bureau of Labor Statistics counts discouraged workers as

• A)employed.Including them as employed makes the unemployment rate lower than otherwise.
• B)unemployed.Including them as unemployed makes the unemployment rate higher than otherwise.
• C)out of the labor force.If they were counted as unemployed the unemployment rate would be higher.
• D)None of the above is correct.

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Definitions:

Relative Standing

An indication of the position of a value within a dataset, often represented through percentiles, z-scores, or standard scores.

Upper Quartile

The value below which 75% of the data points in a dataset fall, also known as the third quartile.

Percentile

A measure that indicates the value below which a given percentage of observations in a group of observations falls.

Five-number Summary

Consists of the minimum, first quartile, median, third quartile, and maximum, providing a quick overview of the distribution of a dataset.