Asked by Lana

None of these seem to be right? I literally am so confused by the way they set up each one. Shouldnt it be unemployed /labor force x 100?

Answers

Answered by Lana
2. Which of the following is the formula for calculating the unemployment rate?

(employed – unemployed) ÷ labor force × 100
(labor force – employed) ÷ labor force × 100
unemployment ÷ population × 100
(employed – labor force) ÷ employed × 100
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