What is meant by the term unemployment rate?
(1 point)
Responses
the speed at which people lose their jobs during a particular year
the speed at which people lose their jobs during a particular year
the length of time it takes for unemployment to go down
the length of time it takes for unemployment to go down
the number of people who want employment but cannot get jobs
the number of people who want employment but cannot get jobs
the number of jobs for which employers cannot find workers
The correct answer is:
the number of people who want employment but cannot get jobs