The unemployment rate measures the percentage of
A) the working age population that canʹt find a full -time job.
B) people who want full-time jobs, but canʹt find them.
C) people in the labor force who canʹt find a job.
D) the working-age population who canʹt find a job.

Question

Quizplus · Accepted Answer

The unemployment rate measures the percentage of people in the labor force who can't find a job. The labor force includes individuals who are legally able and willing to work, which excludes those who are retired or not seeking employment. Therefore, options A, B, and D are not correct because they either include individuals who are not part of the labor force or make assumptions about individuals' job preferences.

The Unemployment Rate Measures the Percentage of