The unemployment rate is defined as the number of
A) unemployed individuals divided by the number of employed individuals.
B) employed individuals divided by the number of individuals in the working-age population.
C) unemployed individuals divided by the number of individuals in the working-age population.
D) unemployed individuals divided by the number of individuals employed plus the number of unemployed.

Question

Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed individuals by the labor force, which is the sum of employed and unemployed individuals.

The Unemployment Rate Is Defined as the Number of