What is the meaning of Unemployment rate?

Unemployment rate is the percentage of the people classified as unemployed as compared to the total labor force.

Barry Goldsmith
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APABarry Goldsmith. (2010). unemployment rate. Retrieved October 1, 2026, from http://smartdefine.org/unemployment_rate/definitions/1165878
ChicagoBarry Goldsmith. 2010. "unemployment rate" http://smartdefine.org/unemployment_rate/definitions/1165878 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, unemployment rate, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/unemployment_rate/definitions/1165878>.
MLABarry Goldsmith. "unemployment rate" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/unemployment_rate/definitions/1165878>
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