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Why is voluntary unemployment not included in economic unemployment rates?

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Question

Why is voluntary unemployment not included in economic unemployment rates?

Options

  • It results from personal choice

  • It is caused by recession

  • It shows skill mismatch

  • It is a temporary situation

MCQ
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Solution

It results from personal choice

Explanation:

Voluntary unemployment occurs when someone chooses not to work, so it is not considered when calculating economic unemployment rates.​

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