What is meant by the term unemployment rate?

A.
the speed at which people lose their jobs during a particular year

B.
the length of time it takes for unemployment to go down

C.
the number of people who want employment but cannot get jobs

D.
the number of jobs for which employers cannot find workers

C. The unemployment rate refers to the percentage of the labor force that is currently without employment but actively seeking employment. It represents the number of people who want employment but cannot get jobs.