Explain the concept of discouraged workers.

Explain the concept of discouraged workers.

Discouraged workers refer to individuals who are unemployed and have given up actively seeking employment due to a lack of available job opportunities. These individuals are not included in the official unemployment rate as they are not actively looking for work. Discouraged workers may have become discouraged by factors such as long-term unemployment, repeated rejections, or a lack of suitable job options. They often feel that their efforts to find employment are futile and have lost hope in the job market.