Question

value: 2
how is the unemployment rate calculated?
a. labor force/number of unemployed x 100
b. number of unemployed/labor force x 100
c. employed + unemployed
d. unemployed x employed x 100

Explanation:

The unemployment rate is calculated as the number of unemployed individuals divided by the labor - force, then multiplied by 100 to express it as a percentage. The labor - force is the sum of the employed and the unemployed.

Answer:

B. Number of unemployed/labor force x 100