Question

How is unemployment rate measured?​

Answer 1

The rate is calculated by taking the number of people in the labor force, that is, the number employed and the number unemployed, divided by the total adult population and multiplying by 100 to get the percentage.

Answer 2

Answer:

ᴛʜᴇ ᴜɴᴇᴍᴘʟᴏʏᴍᴇɴᴛ ʀᴀᴛᴇ ɪꜱ ᴅᴇꜰɪɴᴇᴅ ᴀꜱ ᴛʜᴇ ɴᴜᴍʙᴇʀ ᴏꜰ ᴜɴᴇᴍᴘʟᴏʏᴇᴅ ᴘᴇʀꜱᴏɴꜱ ᴅɪᴠɪᴅᴇᴅ ʙʏ ᴛʜᴇ ɴᴜᴍʙᴇʀ ᴏꜰ ᴘᴇʀꜱᴏɴꜱ ɪɴ ᴛʜᴇ ʟᴀʙᴏʀ ꜰᴏʀᴄᴇ (ɴᴏᴛ ᴛʜᴇ ᴏᴠᴇʀᴀʟʟ ᴀᴅᴜʟᴛ ᴘᴏᴘᴜʟᴀᴛɪᴏɴ). ᴛʜᴇ ᴄᴜʀʀᴇɴᴛ ᴘᴏᴘᴜʟᴀᴛɪᴏɴ ꜱᴜʀᴠᴇʏ (ᴄᴘꜱ) ᴄᴏɴᴅᴜᴄᴛᴇᴅ ʙʏ ᴛʜᴇ ᴜɴɪᴛᴇᴅ ꜱᴛᴀᴛᴇꜱ ᴄᴇɴꜱᴜꜱ ʙᴜʀᴇᴀᴜ ᴍᴇᴀꜱᴜʀᴇꜱ ᴛʜᴇ ᴘᴇʀᴄᴇɴᴛᴀɢᴇ ᴏꜰ ᴛʜᴇ ʟᴀʙᴏʀ ꜰᴏʀᴄᴇ ᴛʜᴀᴛ ɪꜱ ᴜɴᴇᴍᴘʟᴏʏᴇᴅ.