How Is the Unemployment Rate Computed

question 169

Multiple Choice

How is the unemployment rate computed?

• A)by counting the number of unemployment insurance claims filed
• B)by dividing the number of unemployed by the number of persons in the labour force
• C)by determining the number of unemployed in the population aged 18 and older
• D)by counting the number of working-age persons who don't have a job

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Definitions:

Legal Excuse

A legally valid justification for an act that would otherwise be considered illegal, relieving the actor from liability.

Constitution Act, 1867

The foundational statute that established Canada's federal system of government and the framework for its parliamentary system.

Federal System of Government

A form of governance where power is divided between a central (federal) government and individual state or provincial governments.

Charter of Rights and Freedoms

A foundational document in Canada that guarantees fundamental rights and freedoms to its citizens and residents.