In August 2012,40 Percent of Unemployed Workers Had Been Unemployed

question 365

Multiple Choice

In August 2012,40 percent of unemployed workers had been unemployed for 6 months or more.This long-term unemployment is of particular concern because

• A) long-term unemployment is the most costly type of unemployment.
• B) the U-3 unemployment rate no longer includes these workers in the measurement since they are long-term unemployed.
• C) the employment-to-population ratio no longer includes these workers in the measurement since they are long-term unemployed.
• D) the labor force participation rate no longer includes these workers in the measurement since they are long-term unemployed.

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