The unemployment rate is unemployed people divided by:
AThe total population
BThe labor force
CThe adult population
DEmployed people
Answer & Solution
Correct answer: B. The labor force
1. It is not a share of all adults.
2. Divide by the labor force.
3. Then multiply by 100.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 7, Unemployment (CC BY 4.0)._
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