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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

User Fiorella
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2 Answers

1 vote
a. the unemployment rate im pretty sure
User Sebap
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6 votes

Answer:

The correct answer for the following question is The Unemployment rate.

Step-by-step explanation:

The rate of the job less labour force expressed as a percentage known as the unemployment rate. This percentage generally falls and rise on the situation of the economic condition.

There is a formulae for calculating the unemployment rate :

U-3=Unemployed/Labour force​×100​

And the formulae for alternative measure :

U-1=Unemployed 15+ Weeks/Labour force​×100​

User Jolta
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