The unemployment rate is measured as
A. the number of people that want to work but cannot find jobs out of the entire population.
B. the percentage of people in the labor force who are unemployed.
C. an indicator to determine long-term economic growth.
D. an indicator for potential inflation.
Answer:B
The unemployment rate is measured as
A. the number of people that want to work but cannot find jobs out of the entire population. B. the percentage of people in the labor force who are unemployed. C. an indicator to determine long-term economic growth. D. an indicator for potential inflation.