The unemployment rate is computed as the number of unemployed
A)divided by the labor force, all times 100.
B)divided by the number of employed, all times 100.
C)divided by the adult population, all times 100.
D)times the labor-force participation rate, all times 100.

Question

Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed individuals by the labor force (which includes both employed and unemployed individuals), and then multiplying the result by 100 to express it as a percentage.

The Unemployment Rate Is Computed as the Number of Unemployed