What is the unemployment rate?

Answer 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 »

Top Q&A For: What is the unemployment rate

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 meaning of unemployment rate?

The definition of unemployment rate is the number of unemployed persons divided by the sum total of employed plus unemployed persons. Employed persons refer to those at least 16 years old who are p... Read More »

What is the unemployment rate formula?

The unemployment rate formula calculates the per-month percentage of employable individuals over the age of 16 who have lost their jobs or tried to find work unsuccessfully. The unemployment rate i... Read More »

What was the unemployment rate in 2002?

The U.S. Bureau of Labor Statistics lists the 2002 unemployment rate at 5.8 percent. This percentage accounted for 8.378 million unemployed Americans in the total labor force of 144.863 million at ... Read More »