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Suppose U = the number of adults who are unemployed; E = the number of adults who are employed; and NLF = the number of adults not in the labor force. Which expression would equal the unemployment rate?
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Suppose U = the number of adults who are unemployed; E = the number of adults who are employed; and NLF = the number of adults not in the labor force. Which expression would equal the unemployment rate?

User LiverpoolOwen
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1 Answer

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Answer:

The answer is: U / (E + U)

Step-by-step explanation:

The unemployment rate is the percentage of unemployed workers in the total labor force. To be considered unemployed, a person must not have a job but is willing and able to take one. The total labor force is the sum of employed and unemployed workers.

Unemployment rate = U / (E + U)

User Nickle
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