The BLS Reports the U-6 Measure of Labor Underutilization

question 82

Multiple Choice

The BLS reports the U-6 measure of labor underutilization.Which of the following is how it computes U-6?

• A)(total unemployed + marginally attached workers)/adult population
• B)(total unemployed + marginally attached workers + part-time employed for economic reasons)/adult population
• C)(total unemployed + marginally attached workers)/(labor force + marginally attached workers)
• D)(total unemployed + marginally attached workers + part time employed for economic reasons)/(labor force + marginally attached workers)

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Definitions:

Common Shares

Shares to which no preferential rights or privileges are attached.

Broadly Held Corporation

A corporation with a large number of shareholders, spreading ownership widely among individuals.

Closely Held Corporation

A corporate entity characterized by a small group of shareholders, often with family members holding a majority of the stock.

Fiduciary Duty

An obligation to act in the best interest of another party, such as the relationship between a trustee and the beneficiaries of a trust.