Which of the following statements is the best explanation of how the unemployment rate is

measured? (1 point)

The unemployment rate measures the percentage of individuals in the gig economy such as
freelance workers, independent contractors, or temporary workers.

The unemployment rate measures the percentage of individuals actually looking for employment, but who cannot obtain employment.

The unemployment rate measures the percentage of individuals underemployed.

The unemployment rate measures the percentage of individuals who are retired.

The best explanation of how the unemployment rate is measured is: The unemployment rate measures the percentage of individuals actually looking for employment, but who cannot obtain employment.