Payrolls Increased 372,000 in June

Nonfarm payrolls increased 372,000 in June. The official unemployment rate was 3.6%, unchanged from May. An alternative measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons fell sharply, dropping to 6.7% from 7.1%.—cnbc.com

Answer the following questions to check your understanding of the story.

Why doesn’t the official unemployment rate include discouraged workers?

The official unemployment rate doesn’t include discouraged workers because _______________.

Would the official unemployment rate in June 2022 change if all 372,000 new jobs were filled by discouraged workers, everything else remaining the same?

If all 372,000 new jobs were filled by discouraged workers, _______________.

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