Question
What is meant by the term unemployment rate?
a. the number of jobs for which employers cannot find workers.
b. the speed at which people lose their jobs during a particular year.
c. the number of people who want employment but cannot get jobs.
d. the length of time it takes for unemployment to go down.
a. the number of jobs for which employers cannot find workers.
b. the speed at which people lose their jobs during a particular year.
c. the number of people who want employment but cannot get jobs.
d. the length of time it takes for unemployment to go down.
Answers
GPT-4o mini
The correct answer is: **c. the number of people who want employment but cannot get jobs.**
The unemployment rate is a measure of the percentage of the labor force that is unemployed and actively seeking employment.
The unemployment rate is a measure of the percentage of the labor force that is unemployed and actively seeking employment.