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Table 28-3

​ -Refer to Table 28-3

question 238

Multiple Choice

Table 28-3


 Civilian labor force 100 million  Persons unemployed 15 weeks or longer 1.6 million  Job losers and persons who have completed temporary jobs (excludes job leavers)  3.1 million  Total unemployed 6.2 million  Total unemployed plus discouraged workers 7.0 million  Total unemployed plus all marginally attached workers 8.1 million  Total unemployed plus all marginally attached workers plus total employed part-time 9.2 million  for economic reasons \begin{array} { | l | l | } \hline \text { Civilian labor force } & 100 \text { million } \\\hline \text { Persons unemployed } 15 \text { weeks or longer } & 1.6 \text { million } \\\hline \text { Job losers and persons who have completed temporary jobs (excludes job leavers) } & 3.1 \text { million } \\\hline \text { Total unemployed } & 6.2 \text { million } \\\hline \text { Total unemployed plus discouraged workers } & 7.0 \text { million } \\\hline \text { Total unemployed plus all marginally attached workers } & 8.1 \text { million } \\\hline \text { Total unemployed plus all marginally attached workers plus total employed part-time } & 9.2 \text { million } \\\text { for economic reasons } & \\\hline\end{array}
-Refer to Table 28-3. What is the U-3 measure of labor underutilization?

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Definitions:

Interest Rate

The percentage at which interest is charged or paid on borrowed or lent money over a specific period.

Originally Scheduled Payments

Originally scheduled payments refer to the payments planned and agreed upon at the outset of a loan or mortgage, before any adjustments or changes.

Replacement Payments

Payments made to compensate for goods or services that were faulty, damaged, or otherwise inadequate, ensuring the recipient receives what was originally contracted.

Interest Rate

A percentage that measures the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed.

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