Asked by Kaitlyn Simon on Jun 13, 2024

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The unemployment rate is the

A) ratio of unemployed to employed workers.
B) number of employed workers minus the number of workers who are not in the labor force.
C) percentage of the civilian labor force which is out of work.
D) percentage of the total population which is out of work.

Civilian Labor Force

The sum of all civilians classified as employed or unemployed, indicating those available for work.

  • Learn the procedure for determining the unemployment rate and acknowledge the imperfections present in formal statistical reports.
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ZK
Zybrea KnightJun 15, 2024
Final Answer :
C
Explanation :
The unemployment rate is the percentage of the civilian labor force that is out of work. It is calculated by dividing the number of unemployed individuals by the total number of individuals in the labor force (both employed and unemployed). Therefore, option C is the most accurate statement.