Reconciling Contradictory Labor Statistics
Imagine a national economic report reveals that over the past year, the average number of hours worked per week has increased, while at the same time, the number of people reporting they are 'underemployed' (working part-time but wanting full-time work) has also risen. Explain how these two seemingly contradictory aggregate statistics can both be true by considering the individual experiences within the labor force.
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Ch.1 The supply side of the macroeconomy: Unemployment and real wages - The Economy 2.0 Macroeconomics @ CORE Econ
The Economy 2.0 Macroeconomics @ CORE Econ
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Introduction to Macroeconomics Course
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Reconciling Contradictory Labor Statistics