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Which of the following is true ? A. Unemployment rate measures the percentage of unemployed
people in the population B. If a person does not have a job and is not actively looking for a job,
he is classified as "unemployed" by Bureau of Labor Statistics. C. Labor force includes all US
residents who are 16 years old and above, who either have a job or who do not have a job but is
actively looking for one. D. All of the above

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  • 1. Which of the following is true ? A. Unemployment rate measures the percentage of unemployed people in the population B. If a person does not have a job and is not actively looking for a job, he is classified as "unemployed" by Bureau of Labor Statistics. C. Labor force includes all US residents who are 16 years old and above, who either have a job or who do not have a job but is actively looking for one. D. All of the above