Which statement is TRUE?
A) The number of people not working but who have looked for work in the past year is equal to the number of unemployed people.
B) The labour force is the total number of people working plus those who are unemployed.
C) The unemployment rate is the number of people unemployed expressed as a percentage of the population.
D) The labour force is the same as the population.
Correct Answer:
Verified
Q3: A person who is NOT working or
Q4: The unemployment rate is the ratio of
Q4: If a country has a working-age population
Q5: Employment is the total:
A) labour force.
B) population
Q6: The labour force is the total:
A) number
Q6: The statistics and data on unemployment are
Q7: If a country has a working-age population
Q10: The percentage of the labour force that
Q12: If a country has a working-age population
Q13: A person who has no job but
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