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3 December, 20:29

the percentage of totoal workers who are out of work but seeking jobs and willing to work is known as the ___ rate?

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  1. 3 December, 22:47
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    the unemployment rate
  2. 3 December, 23:09
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    The correct answer would be Unemployment Rate.

    Explanation:

    Percentage of total workers who are out of work but seeking jobs and willing to work is know as the Unemployment Rate. People are are willing to work and seeking for jobs are still unemployed, they don't have employment at the moment, which means that they would be considered unemployed. So when the percentage of such people are calculated, then actually the unemployment rate is calculated which tells us the percentage of unemployed workers in a country over a certain period of time.
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