Does the unemployment rate measure labor market strength?

Question

asked Dec 10, 2021 112k views

1 Answer

Irmak Sirer · Answer 1 · 2021-12-17T17:26:40+0000

The national unemployment rate is defined as the percentage of unemployed workers in the total labor force. It is widely recognized as a key indicator of the performance of a country's labor market.

Does the unemployment rate measure labor market strength?

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions