Mathematics · Percentage and Statistics
The rate of unemployment is given by which of the following formulas?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Number of unemployedTotal workforce aged above 18 years × 100
- 2Number of unemployedTotal population aged above 21 years × 100
- 3Number of unemployedTotal population × 100
- 4Number of unemployedTotal labour force × 100✓
Correct answer
Number of unemployedTotal labour force × 100
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