Question

section 3: unemployment
unemployment refers to the share of the labor force that is jobless and actively looking for work. the unemployment rate is calculated by dividing the number of unemployed people by the total labor force and multiplying by 100 to get a percentage.
fill in the blank

1. unemployment is when people who want to work cannot find a ____________.
2. the unemployment rate is usually shown as a ____________.
3. the formula for unemployment rate is (number of unemployed / labor force) × ____________.
4. a high unemployment rate can be a sign of a ____________ economy.
5. the labor force includes people who are ____________ and those looking for work.

word bank
job, percentage, 100, weak, working

Explanation:

1. The first sentence in the text says "Unemployment refers to the share of the labor force that is jobless...", so "job" fits.
2. The text mentions "multiplying by 100 to get a percentage", so "percentage" is correct.
3. The formula given in the text is (number of unemployed / labor force) × 100.
4. A high unemployment rate is generally associated with a "weak" economy.
5. The labor force includes those who are "working" (employed) and those looking for work (unemployed).

Answer:

1. job
2. percentage
3. 100
4. weak
5. working