I. Discouraged workers are not considered unemployed.
II. People who work part time but want to be working full time are considered employed.
III. The unemployment rate does not take the duration of unemployment into account.
IV. Retirees are not included in the labor force.
A. I, II, III, and IV
B. II and III only
C. I, II, and III only
D. I and II only
Tags: