QUESTION IMAGE
Question
multiple choice question
the unemployment rate is the percentage of the ______ that is unemployed.
o population
o labor force
Brief Explanations
The unemployment rate is calculated as the percentage of the labor - force that is unemployed. The labor - force consists of those who are employed and those who are unemployed and actively seeking work. The entire population is not considered as many people in the population are not in the labor - force, such as children, retirees, and those not seeking work.
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B. labor force