How is the unemployment rate calculated?
A) By dividing the number of unemployed people by the number of working individuals, and multiplying by 100.
B) By dividing the number of unemployed people by the sum of the number of working people plus unemployed people, and multiplying by 100.
C) By dividing the number of unemployed people by the number in the working-age population, and multiplying by 100.
D) By dividing the number of unemployed people by the number of people in the labour force, and dividing by 100.
Correct Answer:
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Q1: If people who have been looking for
Q3: Which of the following is true of
Q4: The _ is the total number of
Q5: How is the 'labour force participation rate'
Q6: Jill lost her job six months ago
Q7: Which of the following would reduce the
Q8: The 'labour force' is the:
A)number of people
Q9: If a part-time worker becomes a full-time
Q10: How is a 'retired person' classified?
A)as unemployed
B)as
Q11: What is one of the questions asked
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