Question

the unemployment rate is calculated as
a. $\frac{the number of people in the labor force}{the number of unemployed}\times100$.
b. $\frac{the number of unemployed}{the size of the population}\times100$.
c. $\frac{the number of unemployed}{the number of people in the labor force}\times100$.
d. $\frac{the number of unemployed\times the number of people in the labor force}{100}$

Explanation:

The unemployment rate is a key economic indicator. It measures the proportion of the labor - force that is unemployed. The formula is calculated by dividing the number of unemployed individuals by the total number of people in the labor force and then multiplying by 100 to express it as a percentage.

Answer:

C. the number of unemployed / the number of people in the labor force × 100