How Is Canada's Unemployment Rate Determined

question 108

Multiple Choice

How is Canada's unemployment rate determined?

• A)The rate is determined by Canada Census data.
• B)The rate is determined by a survey of Canadian employers.
• C)The federal government department HRSDC (Human Resources and Skills Development Canada)conducts a monthly survey of the labour force.
• D)Statistics Canada conducts a Labour Force Survey each month.
• E)An estimate is produced by HRSDC based on the previous month's unemployment rate adjusted by the current month's job losses and job gains.

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Definitions:

Statute of Limitations

A legal rule determining the furthest limit in time to begin legal procedures after an occurrence.

Statute of Limitations

A regulation specifying the latest allowable date to initiate legal proceedings after a specific event.

UCC

Short for Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Sales Contract

A legally binding agreement between a buyer and seller outlining the terms of a transaction for the sale and purchase of goods or services.