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Tag Archives: Discouraged Workers

Discouraged Workers: A Cover For a Higher “True” Unemployment Rate? (II)

discouraged-workers2

There were even large numbers of students who left school to take high-paying jobs in the technology sector. The onset of the 2001 recession produced a turnaround in all of those statistics. The number of unemployed rose by about 2.5 million individuals. The number of part-time workers who indicated that they would like to work …

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February 15, 2012 admin Leave a comment

Discouraged Workers: A Cover For a Higher “True” Unemployment Rate? (I)

discouraged-workers2

Certain individuals, after spending some time in the pool of the unemployed, may become discouraged about their future job prospects. They may leave the labor market to go back to school, to retire, to work full-time at home without pay, or just to take some time off. Whichever path they choose, when interviewers from the …

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February 11, 2012 admin Leave a comment

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