Answered

IDNLearn.com offers a user-friendly platform for finding and sharing knowledge. Join our community to receive prompt and reliable responses to your questions from knowledgeable professionals.

Which of the following statements is the best explanation of how the unemployment rate is measured? (1 point)
O The unemployment rate measures the percentage of individuals actually looking for employment, but who cannot obtain employment.
O The unemployment rate measures the percentage of individuals in the gig economy such as freelance workers, independent contractors, or temporary workers.
The unemployment rate measures the percentage of individuals who are retired.
O The unemployment rate measures the percentage of individuals underemployed.

Sagot :

GinnyAnsweridn

Final answer:

The unemployment rate is calculated based on the percentage of individuals in the labor force who are actively seeking employment.


Explanation:

The unemployment rate is measured by the percentage of individuals in the labor force who are not working but are actively seeking employment. This rate is calculated by dividing the number of unemployed individuals by the total number of people in the labor force. Individuals who are underemployed or not actively seeking employment are not counted in the unemployment rate.


Learn more about Unemployment Rate Measurement here:

https://brainly.com/question/30051735


Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. Your questions find answers at IDNLearn.com. Thanks for visiting, and come back for more accurate and reliable solutions.