Reffonomics Video -- Unemployment (U1, U2, U3, U4, U5, U6)

After watching the video, scroll down to take the three multiple choice questions.





1. According to the BLS (Bureau of Labor Statistics), the official unemployment rate is:

A) U1
B) U2
C) U3
D) U4
E) U5



2. According to the BLS, which type of unemployment did not change from 2015 to 2016 is:

A) U1
B) U2
C) U3
D) U4
E) U5



3. Which of the following is NOT part of unemployment statistics published by the BLS?

A) U2 = U1 + job losers
B) U4 = U3 + discouraged workers
C) U5 = U4 + marginally attached workers
D) U6 = U5 + part-time workers for economic reasons
E) All of the above are part of the unemployment statistics published by the BLS.