The unemployment rate is calculated as the number of people officially unemployed divided by:
A)the number of people employed, multiplied by 100.
B)the total population, multiplied by 100.
C)the total population over the age of thirty five, multiplied by 100.
D)the total civilian labor force, multiplied by 100.
E)the total population over the age of twenty one, multiplied by 100.

Question

Quizplus · Accepted Answer

The most commonly used method to calculate the unemployment rate is to divide the number of people who are officially unemployed (meaning they are actively seeking employment but cannot find it) by the total civilian labor force (meaning the number of people who are employed or actively seeking employment). This number is then multiplied by 100 to express the unemployment rate as a percentage. Therefore, option D is the correct answer.

The Unemployment Rate Is Calculated as the Number of People