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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

How is a discouraged worker different from an unemployed worker?

To determine

The difference between a discouraged worker and an unemployed worker.

Explanation

A person is said to be unemployed if he is jobless even after actively searching for a job. However, a discouraged worker is someone who has given up searching for job. The discouraged worker believes that there are no jobs available for him based on his qualifications. Such a person is not included in calculation of unemployment rate...

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