How is the unemployment rate computed?
A) The unemployment rate is computed using the number of unemployment insurance claims filed.
B) Each adult included in a survey is classified as employed, unemployed, or not in the labour force. Then, the unemployment rate is computed by dividing the number of unemployed persons to the number of persons in the labour force.
C) The unemployment rate is computed by determining the number of unemployed in the population aged 18 and older.
D) Every person who does not have a job is considered unemployed.
Correct Answer:
Verified
Q2: Which of the following people would be
Q3: How often is data on unemployment reported?
A)
Q4: Cyclical unemployment is closely associated with which
Q5: In which of the following situations would
Q6: Which of the following data does Statistics
Q7: Which of the following people would NOT
Q8: Which of the following people would be
Q9: Which of the following people would NOT
Q10: How is unemployment data collected?
A)from unemployment insurance
Q11: What does cyclical unemployment refer to?
A)the relation
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