0
Does your current unemployment rate underestimate unemployment?
Wiki User
∙ 14y ago
Sure, because it doesn't include the number of people who have become discouraged and are no longer seeking jobs, nor does it include the underemployed.
Wiki User
∙ 14y ago
Yes, the current unemployment rate may underestimate unemployment due to factors such as underemployment, discouraged workers who have stopped looking for jobs, and those who have left the labor force. This can result in a less accurate representation of the true extent of joblessness in the economy.
Add your answer:
Earn +20 pts
What is the current rate of unemployment in Fiji?
As of 2021, the unemployment rate in Fiji is around 20%.
What is the current unemployment rate in Spain?
As of September 2021, the unemployment rate in Spain was around 15.3%.
What is the current unemployment rate in Nevada?
As of October 2021, the unemployment rate in Nevada was 6.1%. This rate is subject to change monthly based on various economic factors and trends.
What is the current unemployment rate in Holland?
As of September 2021, the unemployment rate in the Netherlands was around 3.6%. This rate can fluctuate based on economic conditions and other factors.
What is the current unemployment rate in Ireland?
Unemployment in Ireland is measured by the Quarterly National Household Survey. As of the first Quarter of 2010 the unemployment rate is 12.9% (The link below should keep linking to the most up to date QNHS)
What is the Unemployment rate now?
What is the national unemployment rate
What is the current rate of unemployment in Fiji?
As of 2021, the unemployment rate in Fiji is around 20%.
What is the current unemployment rate in Nevada?
As of October 2021, the unemployment rate in Nevada was 6.1%. This rate is subject to change monthly based on various economic factors and trends.
What is the current MN Unemployment rate?
As of October 2021, the unemployment rate in Minnesota is 3.8%.
What is the current unemployment rate of Brazil?
8%
What is Michigan's current unemployment rate?
9.0%
What is Ohio's current unemployment rate?
6.5
What is the current rate of unemployment in Ghana?
2,000
What is the current unemployment rate in Japan?
Japan's unemployment rate is 4.2% as of 2008 estimates. Source: CIA World Factbook
What is the current rate of Texas unemployment?
According to the BLS current population survey the unemployment rate in Texas is 6.4%. There are 815,725 unemployed persons currently living in Texas.
What is the current unemployment rate in Holland?
As of September 2021, the unemployment rate in the Netherlands was around 3.6%. This rate can fluctuate based on economic conditions and other factors.
What was the highest unemployment rate ever recorded in Florida?
The highest unemployment rate ever recorded in Florida was 11.4%. This occurred during August 2006. The current unemployment rate in Florida is 7.2%.
