During a recession, some people become discouraged because they cannot find a job. These discouraged workers drop out of the labor force. This phenomenon is most likely to affect males in their prime working years. teenage males and females. females in their prime working years. males aged 25-64.
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The unemployment rate among older Greek males is about twice the Eurozone average. These men were often families' sole bread winners. Now, strained by the financial woes, their wives have to take jobs outside the home. In Greece, with its macho, traditional culture, this could mean shame and depression for men. They have mortgage arrears, children to put through college and bills to pay. But for a few days' work at a factory, they have to sometimes travel across the country. a. What type of unemployment might older workers be more prone to experience than younger workers? b. Explain how the unemployment rate of older workers could be influenced by the business cycle. c. Why might older unemployed workers become marginally attached or discouraged workers during a recession?
Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank:) Check all that apply. They are full-time workers who would like to work only part-time. They are counted as part of the labor force by the Bureau of Labor Statistics. They have given up on looking for a job. They are employed workers who want to earn higher wages. The following table contains U.S. employment information from August 2019: Civilian Population Employed (Persons) Unemployed (Persons) Discouraged (Persons) (Persons 16 years old and over) 259,432,000 157,878,000 44,000 467,000 The Bureau of Labor Statistics has several measures of joblessness in addition to the official unemployment rate. One alternative is the U-4 measure of labor underutilization, which is calculated as follows: Unemployed-Discouraged / 100 * Labor Force Discouraged U-4
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