Which of the following is the best definition of the unemployment rate?

Question

Quizplus · Accepted Answer

The unemployment rate is a measurement of the percentage of individuals who have recently been working, but either lost their job and are actively seeking employment or are currently seeking employment and have not yet found a job. This choice accurately reflects this definition.

B, C, D, and E are incorrect. B refers to discouraged workers, who are not included in the unemployment rate calculation. C and D describe individuals not working, but not necessarily looking for work. E describes individuals willing and able to work, but doesn't account for individuals who may have stopped searching for work or who are not able to work.

Which of the Following Is the Best Definition of the Unemployment