Question

Suppose u = those adults who are unemployed and seeking work; e = those adults who are employed; and NLF = those adults not in the labor force. Which expression would equal the BLS definition of the unemployment rate? (Each expression should be multiplied by 100 to get a percentage calculation.)

Answer 1

u= Those adults who are unemployed and seeking work

Step-by-step explanation:

Because those people share common caracteristics inside the calculation of the unemployment rate that can be define in a single concept: the Economically Active Population EAP( adults who do not have job and have actively looked for work in the last four weeks). the calcution it is only divide the EAP between the unemployed people multiplied by 100.