The number of people unemployed and employed equals the
A) working-age population.
B) labour force.
C) employment rate.
D) unemployment rate.
E) participation ratE.

Question

Quizplus · Accepted Answer

The labour force includes both the employed and unemployed individuals. Therefore, the number of people unemployed and employed equals the labour force.

Option A is incorrect because the working-age population includes individuals who may not be seeking employment, such as students or retirees.

Option C is incorrect because the employment rate is the percentage of the labour force that is currently employed.

Option D is incorrect because the unemployment rate is the percentage of the labour force that is currently unemployed.

Option E is incorrect because the participation rate is the percentage of the working-age population that is part of the labour force.

The Number of People Unemployed and Employed Equals the