Some part-time workers work less than a full week because they cannot find a suitable full-time job. Therefore, the official unemployment statistics tend to overestimate the extent of unemployment in the economy.

Question

Quizplus · Accepted Answer

The official unemployment statistics typically measure those actively seeking but unable to find employment, not accounting for underemployment or part-time workers seeking full-time positions, which might actually underestimate the extent of underutilization in the labor force.

Some Part-Time Workers Work Less Than a Full Week Because