Asked by Shay

What does the unemployment rate measure?

A) the percentage of individuals who are currently under-employed
B) the percentage of individuals actually looking for employment who cannot obtain employment
C) the percentage of individuals actually looking to seek new careers
D) the percentage of individuals due to retire within the year
Answered by GPT-4o mini
The unemployment rate measures:

**B) the percentage of individuals actually looking for employment who cannot obtain employment**

This rate reflects those who are actively seeking work but are unable to find a job.