Unemployment Rate

Reply Mon 16 Dec, 2013 07:48 pm
I believe the Unemployment Rate is the number of persons actually looking for work divided by the number of employable persons.

Who calculates the number of employable persons? How is the number arrived at?
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Peter Frouman
Reply Mon 16 Dec, 2013 08:01 pm
Assuming your question is in reference to the unemployment rate in the United States, the following web page should answer your questions:

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