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What is an annual report? Briefly describe the key parts of the annual report.
Very Long-Term Unemployed
Individuals who have been out of work and seeking employment for an extended period, typically longer than one year.
Discouraged Workers
Individuals who are not actively seeking employment due to a belief that no jobs are available for them or there are no suitable jobs.
Labor-Force Participation Rates
The percentage of the working-age population that is actively engaged in the labor market, either employed or actively seeking employment.
U-1 Measure
A specific metric used to evaluate the unemployment rate, focusing on people who have been unemployed for 15 weeks or longer.
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