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Question
which of the following are not omitted from the unemployment rate? * individuals who have retired from the workforce workers who are employed part - time and are seeking full - time jobs workers who have lost their jobs and are seeking new employment individuals who are not actively seeking jobs
The unemployment rate is calculated as the number of unemployed people (those who have lost their jobs and are seeking new employment) divided by the labor - force (employed + unemployed). Retired individuals are out of the labor - force. Part - time workers seeking full - time jobs are considered employed. Individuals not actively seeking jobs are not in the labor - force. Workers who have lost their jobs and are seeking new employment are part of the calculation of the unemployment rate and not omitted.
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C. workers who have lost their jobs and are seeking new employment