What does the unemployment rate measure?

Answer According to the Bureau of Labor Statistics, which reports monthly unemployment rate statistics, the unemployment rate measures the percentage of people actively looking or available for work. A su... Read More »

Top Q&A For: What does the unemployment rate measure

What is the unemployment rate?

The unemployment rate is a necessary statistic that allows citizens to know the current state of affairs. For example, an economic downturn that began in 2007 caused the unemployment rate to rise i... Read More »

What is the unemployment rate in the USA?

The unemployment rate in the USA for March 2010 was 9.7 percent. According to the U.S. Bureau of Labor Statistics, this amounts to 15 million people. Groups with the highest unemployment rates wer... Read More »

What is the unemployment rate in minnesota?

According to the Minnesota Department of Employment and Economic Development, the May 2010 unemployment rate is approximately seven percent. The state’s unemployment rate dropped more than one pe... Read More »

How is the unemployment rate measured?

Often a sign of overall economic health, the unemployment rate is a measurement of the percentage of the labor force that is unemployed. Measuring this statistic is vital for understanding our dome... Read More »