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MCQ

Problems associated with measuring Canada's "unemployment" rate include

1. all listed answers are correct

2. not measuring part time workers wanting full time work

3. discouraged workers as part of the " not in the labour force" category

4. not measuring "under employed " workers

Answer :

The correct answer is 1. all listed answers are correct. Problems associated with measuring Canada's "unemployment" rate include all of the following:

Not measuring part-time workers wanting full-time work: The unemployment rate typically focuses on individuals who are actively seeking full-time employment but are unable to find it. Part-time workers who desire full-time work are not counted as unemployed, which can lead to an underestimation of the true level of underemployment.

Discouraged workers as part of the "not in the labor force" category: Discouraged workers, who have given up actively searching for employment due to a lack of available opportunities, are often categorized as "not in the labor force" instead of being counted as unemployed. This exclusion can lead to a distorted representation of the labor market conditions.

Not measuring "underemployed" workers: The unemployment rate focuses on individuals who are completely jobless and actively seeking employment. It does not capture individuals who are employed but are working fewer hours than they desire or are overqualified for their current job. This can lead to a failure to capture the extent of underemployment in the labor market.

Therefore, all the listed answers are correct as they highlight the limitations and challenges associated with measuring Canada's unemployment rate.

Learn more about unemployment here

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