Economics- Unemployment help?

I would really appreciate if someone could give me a hand with this question bc im not sure

There is some criticism that the official unemployment statistics understate the extent of joblessness in the United States. Which of the following statements represent shortcomings of the official unemployment rate reported by the Bureau of Labor Statistics each month?

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. II and III only

B. I, II, and III only

C. I and II only

D. I, II, III, and IV

Economics- Unemployment help?

1, 2 and 3 are definately true. 4 may or may not be true

When the BLS surveys citizens it asks a series of 2 questions in the following sequence to determine a person%26#039;s employment status:

1. are you employed?

If the answer is yes, then the individual is counted as employed. Therefore 2 is true.

2. if not currently employed, are you actively looking for work?

In the answer is yes, then the person is counted as unemployed. Therefore, 1 is true.

Since neither of these Qs requires knowledge of unemployemnt duration, 3 is true.

Finally, it is possible that someone who is retired from a primary carreer is actively looking for something on the side. These people are considered unemployed. If a person is retired AND not interested in working, the the person is not included in the labor force.

Economics- Unemployment help?

loan

I%26#039;ll go with answer B, I II and III. I don%26#039;t know that retirees s/b counted, although sometimes retirees leave a %26#039;salaried%26#039; job and return later as an %26#039;hourly temp. worker%26#039;