The unemployment rate is the________ who are unemployed.
A) number of people in the labor force
B) percentage of the working-age population
C) percentage of people in the country
D) percentage of people in the labor force

Question

Quizplus · Accepted Answer

The unemployment rate is calculated as the percentage of people in the labor force who are unemployed, meaning those who are actively seeking employment but unable to find a job. Option A refers to the labor force, which is used in the calculation of the unemployment rate, but is not the rate itself. Option B refers to the working-age population, which may include those who are not in the labor force, such as students or retirees, and is not a direct measure of unemployment. Option C refers to the entire population, which also includes those who are not in the labor force and is not a direct measure of unemployment.

The Unemployment Rate Is The________ Who Are Unemployed