How Does Statistics Canada Define the Unemployment Rate

question 41

Multiple Choice

How does Statistics Canada define the unemployment rate?

• A) as the percentage of those unemployed relative to the percentage employed
• B) as the percentage of the labour force that is unemployed
• C) as the percentage of the adult population that is unemployed
• D) as the percentage of the labour force without full-time employment

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Definitions:

Unimodal

Describing a distribution with a single peak or mode, representing the most frequently occurring value.

Empirical Rules

A set of guidelines that indicate how the data are spread in a normal distribution, specifically stating that approximately 68%, 95%, and 99.7% of the data fall within one, two, and three standard deviations from the mean, respectively.

Standard Deviations

A measure of the amount of variation or dispersion of a set of values, indicating how much the values differ from the mean.

Observations

Data collected or noticed during an experiment or study, often referring to the individual data points or recorded occurrences.