Economics · Employment and Unemployment
The unemployment rate is calculated as a percentage of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The working-age population that is employed
- 2The labor force that is unemployed and actively seeking employment✓
- 3The employed population earning income above a certain threshold
- 4The total population above 18 years of age
Correct answer
The labor force that is unemployed and actively seeking employment
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