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Which economic indicator measures the percentage of the labor force that is unemployed and actively seeking employment?
  • a)
    Inflation rate
  • b)
    GDP growth rate
  • c)
    Poverty rate
  • d)
    Unemployment rate
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which economic indicator measures the percentage of the labor force th...
The unemployment rate is the percentage of the labor force that is unemployed and actively seeking employment. It is an important indicator of the health of an economy and the availability of job opportunities.
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Which economic indicator measures the percentage of the labor force that is unemployed and actively seeking employment?a)Inflation rateb)GDP growth ratec)Poverty rated)Unemployment rateCorrect answer is option 'D'. Can you explain this answer?
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