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Hello,

From what I know, it is:

( (Total unemployed)/(Total Employed + Total Unemployed) ) x 100% to get percentage on unemployment in a country.

Of course you must know what it means to be unemployed. To be unemployed one must be able to work and actively searching for a job but not in a job.

Hope I Helped

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Q: What is the equation used to figure out the unemployment rate?
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