The unemployment rate is the

Question

Quizplus · Accepted Answer

The unemployment rate is defined as the percentage of the labour force that is unemployed. It does not include people who are not actively seeking employment or are not part of the labour force. Therefore, option D is the correct answer. Option A is incorrect because it only considers those receiving benefits, not the overall unemployed population. Option B is incorrect because it includes the entire population, not just those who could be employed. Option C is incorrect because it includes the total working-age population, not just those who are part of the labour force.

The Unemployment Rate Is the