The Unemployment Rate Equals

question 108

Multiple Choice

The unemployment rate equals

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

---

Definitions:

Population

The entire aggregation of items or individuals from which samples can be drawn for statistical analysis.

Measure of Variability

A statistic that describes the degree to which scores in a distribution spread out or cluster together, such as range, variance, or standard deviation.

Statistic

A numerical measure that describes a characteristic of a sample derived from a larger population.

Asymmetrical

Lacking symmetry; when two sides or halves of something do not match or are not equal in shape, size, or composition.