The Unemployment Rate Equals

question 240

Multiple Choice

The unemployment rate equals

• A) (labor force/working age population) × 100.
• B) (number of people employed/number of people age 16 and over) × 100.
• C) (number of people employed/working age population) × 100.
• D) (number of people unemployed/labor force) × 100.

---

Definitions:

Diversity Management

The process of acknowledging, understanding, and valuing differences among people in the workplace including race, gender, age, nationality, and others, to achieve better business performance.

Minority Groups

Minority groups are populations differing from the majority population in some characteristics and often experiencing disadvantage or discrimination.

Prison Inmates

Individuals who are kept in a penal institution as a result of being convicted of a criminal offense.

Knowledge Workers

Professionals who specialize in processing and managing information, often requiring significant education and cognitive abilities.