Asked by
Isaac Maliam
on Oct 13, 2024Verified
According to conservatives the Bureau of Labor Statistics
A) overstates the number of unemployed and overstates the unemployment rate.
B) overstates the number of unemployed and understates the unemployment rate.
C) understates the number of unemployed and understates the unemployment rate.
D) understates the number of unemployed and overstates the unemployment rate.
Bureau of Labor Statistics
A U.S. government agency responsible for collecting and analyzing economic data, especially labor market activity, working conditions, and price changes.
Unemployed
The status of being without a paid job but being available for and seeking work.
Unemployment Rate
This term measures the proportion of people without jobs who are actively seeking work in relation to the total workforce.
- Interpret the Bureau of Labor Statistics unemployment metrics and their sociopolitical implications.
Verified Answer
ME
Learning Objectives
- Interpret the Bureau of Labor Statistics unemployment metrics and their sociopolitical implications.