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BUSI 2103 Week 2 > Objective 4 > Flashcards

Objective 4 Flashcards

1
Q

U-3 Unemployment Rate (how to calculate)

A

The percentage of the labor force that are unemployed

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2
Q

U-6 Unemployment Rate (how to calculate)

A

The percentage of the labor force that are unemployed, plus the discouraged worker, marginally attached worker, and persons who are part-time searching for full-time. The broadest measure of labor underutilization.

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BUSI 2103 Week 2 (4 decks)

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