During a recession, many workers with part-time jobs want full-time jobs, but cannot find them. These workers
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During a recession, many workers with part-time jobs want full-time jobs, but cannot find them. These workers are referred to as “underemployed.” Does the existence of underemployment lead the unemployment rate to understate or overstate the problem of joblessness in the economy?
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The existence of underemployment leads the unemployment rate to understate the problem of joblessnes...View the full answer
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Related Book For 
Principles Of Macroeconomics
ISBN: 9781292303826
13th Global Edition
Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster
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