Username: LuckyWoman Rating: Asked to: Anton Luyten Date Created: 10 Mar 2017 |
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Category | 28 |
Tag | Financial |
Question | Please give the definition of 'U-6 Rate'. |
Hello LuckyWoman, The unemployment rate that includes discouraged workers who have quit looking for a job and part-time workers looking for full-time employment. The U-6 rate is considered by many economists to be the most revealing factor of a country’s unemployment situation since it covers the percentage of the labor force that is unemployed, underemployed, and discouraged. |
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