Individual who want to work, but have up searching for a job because of limited
ID: 1216320 • Letter: I
Question
Individual who want to work, but have up searching for a job because of limited propects, are know as chronically unemployed frictionally unemployed marginally attached workers discouraged workers Individuals who are involuntarily working part-time are considered underemployed marginally employed frictionally unemployed structurally unemployed Using Statistics Canada's calculation methods, excluding the groups identified in the questions above the true level of unemployment. understates overstates accurately reflectsExplanation / Answer
a) If some one given up searching job then that is known as discouraged workers.
b) Individuals ho are employed for short term and the get payment only on that time when their marginal output is positive is known as marginally employed.
c) Canda understate their actual unemployment level.