Use the following data to determine the unemployment rate

Adult population:3000

Employed population:1800

Not working but seeking employment:450

Not working and not seeking employment:750

Booster class

Macroeconomics

Skill

Computation of unemployment rate

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Vaishali YadavLv10

22 Oct 2020

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Related questions

In calculating the unemployment rate, part-time workers are:

A. Counted as unemployed because they are not working full-time

B. Counted as employed because they are receiving payment for work.

C. Used to determine the size of the labor force, but not the unemployment rate

D. Treated the same as "discouraged" workers who are not actively seeking employment

salmonmole681

In calculating the unemployment rate, part-time workers are:

a. Counted as unemployed because they are not working full-time.
b. Counted as employed because they are receiving payment for work.
c. Used to determine the size of the labor force, but not the unemployment rate.
d. Treated the same as "discouraged" workers who are not actively seeking employment.