Question

What is the name for the percentage of people who don't have jobs in a country or area? A. The unemployment rate B. The spending rate C. The inflation rate D. The GDP growth rate Please select the best answer from the choices provided A B C D

Answer 1

Answer: A. The unemployment rate

Step-by-step explanation:

Hi, the unemployment rate is the number of unemployed people as percentage of the total labor force of an area or a country.

The percentage is composed by people without a job, people that are available to work, and people that was activist searching for a job in the last four weeks.

Unemployed people that is available to work, but is not searching for a job (for example: university students) are not counted.

Answer 2

The answer is A. Unemployment Rate.

Unemployment rate is the number of jobless people in a country, city or area divided by the total number of people or population that is employable. People that is of legal age and does not have any disability automatically belongs to the employable population. If in the event the said individual is not yet working, the individual is considered to be included in the Unemployment percentage of the population.