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Yes, underemployed workers count in the workforce. As long as a person is working, they count.

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10y ago

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What is the reserve labor force?

The reserve army of labor was part of Karl Marx's political economy. He referred to the unemployed and the underemployed as the reserve labor force.


How do you calcuate the expanded definition of unemployment?

The expanded definition of unemployment includes not only those actively seeking work but also individuals who are marginally attached to the labor force and those working part-time for economic reasons. To calculate it, you start with the traditional unemployment rate, then add the number of marginally attached workers (those not actively looking but available and willing to work) and the underemployed (those working part-time but desiring full-time work). The formula can be expressed as: Expanded Unemployment Rate = (Unemployed + Marginally Attached Workers + Underemployed) / Labor Force + Marginally Attached Workers. This provides a broader view of labor market challenges.


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