Multiple Choice
How is the unemployment rate computed?
A) The unemployment rate is computed using the number of unemployment insurance claims filed.
B) Each adult included in a survey is classified as employed, unemployed, or not in the labour force. Then, the unemployment rate is computed by dividing the number of unemployed persons to the number of persons in the labour force.
C) The unemployment rate is computed by determining the number of unemployed in the population aged 18 and older.
D) Every person who does not have a job is considered unemployed.
Correct Answer:
Verified
Correct Answer:
Verified
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