Question: Full - time employed = 8 0 Part - time employed = 2 5 Unemployed = 1 5 Discouraged workers = 5 Consumer Price Index
Fulltime employed
Parttime employed
Unemployed
Discouraged workers
Consumer Price Index
The unemployment rate is the:
Question options:
ratio of unemployed in the total population to employed workers
number of employed workers minus the number of workers who are not in the labour force
percentage of the labour force that is out of work
percentage of the total population that is out of work
ratio of unemployed in the labour force to employed workers in the labour force
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
