The unemployment rate is the percentage of the total work force that is not working but is engaged in which of the following activities?
A) drawing unemployment cheques
B) preparing physically and mentally to begin work
C) actively looking for work
D) laid off, terminated, or downsized due to some economic activity outside of their control

Question

Quizplus · Accepted Answer

The unemployment rate is measured by the percentage of individuals in the labor force who are actively seeking employment but are unable to find a job. Therefore, option C (actively looking for work) is the best choice. Option A (drawing unemployment cheques) may indicate that someone is unemployed, but it does not necessarily mean they are actively looking for work. Option B (preparing physically and mentally to begin work) could include individuals who are not currently in the labor force and therefore would not be included in the unemployment rate. Option D (laid off, terminated, or downsized due to some economic activity outside of their control) could be a reason for unemployment, but it does not necessarily indicate that the individual is actively looking for work.

The Unemployment Rate Is the Percentage of the Total Work