answersLogoWhite

0

What is a Unemployment rate?

User Avatar

Anonymous

7y ago
Updated: 8/10/2021

Normally in the U.S. the unemployment rate is measured by the number of people filing for and receiving unemployment compensation. However, many failed to find employment before their unemployment compensation expired, or they had to settle for part-time employment or a job that pays less than that for which they are trained and experienced. The determination of the true unemployment rate involves the endeavor to count those people as well.

User Avatar

Gabriella Roob

Lvl 10
3y ago

What else can I help you with?