The unemployment rate equals
A. (number of people employed/working age population) &times; 100.
B. (number of people unemployed/labor force) &times; 100.
C. (labor force/working age population) &times; 100.
D. (number of people employed/number of people age 16 and over) &times; 100.
Answer:B
The unemployment rate equals
A. (number of people employed/working age population) &times; 100. B. (number of people unemployed/labor force) &times; 100. C. (labor force/working age population) &times; 100. D. (number of people employed/number of people age 16 and over) &times; 100.