The unemployment rate that includes discouraged workers and people working part-time who would prefer full-time jobs A. is lower than the official unemployment rate, but the difference between the two grows smaller in recessions. B. is higher than the official unemployment rate, but the difference between the two grows smaller in recessions. C. is higher than the official unemployment rate, and the difference between the two grows larger in recessions. D. is lower than the official unemployment rate, and the difference between the two grows larger in recessions.

Question

Social Studies

Jenkins

25 May, 02:25

The unemployment rate that includes discouraged workers and people working part-time who would prefer full-time jobs A. is lower than the official unemployment rate, but the difference between the two grows smaller in recessions. B. is higher than the official unemployment rate, but the difference between the two grows smaller in recessions. C. is higher than the official unemployment rate, and the difference between the two grows larger in recessions. D. is lower than the official unemployment rate, and the difference between the two grows larger in recessions.

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Sebastian Mcpherson · Answer 1

Answer:C. is higher than the official unemployment rate, and the difference between the two grows larger in recessions

Explanation:

We are living in the times where there are so many economical challenges in most countries especially those which are still developing but are also overpopulated.

Companies are not able to hire people on permanent basis due to the fact that they are also struggling but also for some companies this is the way they can save money if they hire people on temporary basis because that means they will not give them any other benefits and salaries will be lower that the average permanent employee.

This lead to more people who get hired on temporary basis and people who are not happy with their salaries due to companies trying to cut cost.