Asked by Alejandro Arias on Apr 29, 2024
Verified
The unemployment rate is a fraction whose numerator is
A) the total population.
B) the number of employed.
C) the number of unemployed.
D) the difference between the total population and the number of employeD.
Unemployment Rate
The quantity of jobless individuals in the labor force who are vigorously searching for employment.
Total Population
The entire number of people living in a particular area, region, or country.
Employed Number
Refers to the total number of individuals in a given country or region who are currently engaged in paid work.
- Acquire knowledge about the distinctions among unemployment categories and the approaches used in their evaluation.
Verified Answer
ZK
Zybrea KnightMay 06, 2024
Final Answer :
C
Explanation :
The unemployment rate is defined as the number of unemployed individuals divided by the total labor force (which includes both employed and unemployed individuals seeking work). Therefore, the numerator of the fraction is the number of unemployed individuals, making choice C the correct answer. Choices A, B, and D do not accurately reflect the components of the unemployment rate calculation.
Learning Objectives
- Acquire knowledge about the distinctions among unemployment categories and the approaches used in their evaluation.