Week 9: Discussion 1

Week 9: Discussion 1

1) Discuss the weaknesses of the unemployment rate as a measure of unemployment / underemployment in the economy, especially given trends in labor force participation during recessions, and make at least one recommendation for remedial policies to improve unemployment, underemployment, and labor force participation during a recession.

In order to measure the rate on unemployment if we measure the total unemployment in the country it will not give us a true view. This is due to the reason that people at time are unemployed due to many reasons including voluntary unemployment. In such case the rate ...