Dividing the number unemployed by the number of people in the labour force yields
A)the rate of unemployment.
B)the labour force participation rate.
C)the inflation rate.
D)the Help Wanted Index.

Question

Quizplus · Accepted Answer

Dividing the number unemployed by the number of people in the labour force results in the rate of unemployment. Therefore, option A is the correct answer. Option B refers to the percentage of the working-age population that is either employed or actively seeking employment, while option C refers to the general increase in prices over time. Option D refers to an index that measures the number of job openings in a particular field or occupation.

Dividing the Number Unemployed by the Number of People in the Labour