Ask Question
BusinessBusiness
7 December, 19:08

The unemployment rate

A. shows the percentage of the population that is considered unemployed.

B. is the amount of people in the population that are not working.

C. shows the percentage of the labor force that is considered unemployed.

D. is the amount of the labor force that is not working.

+1
Answers (2)
  1. 7 December, 21:42
    0
    Answer: The answer is C

    Explanation:

    Unemployment Rate: This is the proportion of the population of a country who had reached the age allowed by law to work but cannot find a job to do in the country. It is calculated as

    U = Number of people unemployed / Labour Force*100%

    Unemployment is a serious economic problem confronting a nation. infact, it is the major causes of poverty and human trafficking in the developing countries all over the world. It is the major causes of human trafficking into other parts of the world such as Europe and America. Almost on daily basis Africans most especially youth tried in their thousands to cross the Mediterranean sea to Europe from Africa in search of greener pasture and in the process many of them lose their life's when they perish on the sea.

    Furthermore, In spite of these horrible news of economic migrant dying on the the sea in their attempt to reach Europe, many African youth still want to embark on the journey in search of jobs to better their life's. Unemployment is of the following types such as frictional, cyclical, structural, seasonal, and technological unemployment.

    However, with a view to solve the problem government should embark on the provision of employment opportunities for their people. In addition, government should also provide the enabled environment for the private sector to thrive so that they too could also contribute their own quota to the effort of government aimed at job creation in the country.
  2. 7 December, 23:06
    0
    Answer: C - shows the percentage of the labor force that is considered unemployed.

    Explanation:

    Unemployment rate is the percentage of unemployed people in the total labour force.

    The Labour force is the total number of people who are able to work in an economy.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The unemployment rate A. shows the percentage of the population that is considered unemployed. B. is the amount of people in the population ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A firm that invests in an information system because it is a necessity of doing business does so because it is seeking to achieve which of the following business objectives?
Answers (1)
If goods A and B are substitutes, a decrease in the price of good B will: increase the demand for good B. increase the demand for good B and decrease the demand for good A. increase the demand for good A. decrease the demand for good A.
Answers (1)
Why can the owner of a business withdraw assets from that business for personal use?
Answers (1)
Given below is summary information from DuPont's income statement for the last three years (in millions).
No Answers
A firm that responds to a regulatory rule in a way that permits technical compliance while allowing the firm to violate the spirit of the regulation has. become a captured regulator. engaged in a creative response to regulation.
Answers (1)
New Questions in Business
1. An ATM card is used on January 24 to withdraw cash. What is the balance after this transaction?
Answers (1)
Which task would most likely be completed by fraud examiner
Answers (1)
how do i make a resume im trying to get a job for the summer to make some money but i dont know how to make one
Answers (1)
Adonis Corporation issued 10-year, 8% bonds with a par value of $200,000. Interest is paid semiannually. The market rate on the issue date was 7.5%. Adonis received $206,948 in cash proceeds. Which of the following statements is true? A.
Answers (1)
Which type of group leadership has a communication pattern that flows from the top down?
Answers (1)
Home » Business » The unemployment rate A. shows the percentage of the population that is considered unemployed. B. is the amount of people in the population that are not working. C. shows the percentage of the labor force that is considered unemployed. D.
Sign Up Forgot Password?