The unemployment rate reported by the Bureau of Labor Statistics each month is calculated as follows:?

Question

A. (Number of Unemployed x 100)

B. (Number of Unemployed / Number in Labor Force) x 100

C. (Number of Unemployed / Number of Employed Workers) x 100

D. (Number of Unemployed / Number in Population 16 Years or Older) x 100

Answer 1

B