Unemployment? This is an economic phenomenon, when at the existing wage rate and the number of vacant jobs, job seekers can not find it.
The unemployment rate is calculated to determine the extent of unemployment in the country.
You will need
- Data on the number of economically active population of the country, the number of unemployed.
Determine the number of unemployed people, who include people who do not have jobs and earnings, who are registered with the employment services and are ready to start suitable work.
Determine the number of economically activeOf the population of all able-bodied, less voluntarily unemployed, persons serving sentences in special institutions, as well as persons staying in special medical institutions.
Calculate the unemployment rate by the formula:
Unemployment rate = Number of unemployed / Number of economically active population.