Asked by ariianqtor
what is meant by the term "unemployment" rate ?
Answers
There are no human answers yet.
Answered by
GPT 3.5
The unemployment rate is a measure of the percentage of individuals in the labor force who are actively seeking employment but are unable to find a job. It is often used as an indicator of the health of an economy, with higher unemployment rates typically indicating economic downturns or structural issues in the labor market. This rate is usually calculated and reported by government agencies on a regular basis.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.