An unemployment rate of 7.8% implies that 780 out of 1000 people in the population are currently unemployed.

True

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False

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Solution

The correct option is B False

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Similar questions

Q. Which of the following is the type of unemployment where people are unemployed during particular periods of the year?

Q. From a village, people started migrating to nearby cities due to unemployment . The population of the village two years ago was

6, 000

. If the rate of migration is

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, find the current population of the village.

Q. Unemployment rate in India is defined as the ratio of number of persons unemployed to total __________.

Statement: Unemployment is one of the main reason for the poverty of the country.

Conclusions:

I. To end poverty, it is required to create employment opportunities.

II. All the people in the country are unemployed.

Q. “This is a situation when people are unemployed for a short span of time while searching for a new job or switching between jobs. It is sometimes considered as voluntary unemployment because the reason for unemployment is not a shortage of jobs, but in fact, the workers themselves quit their jobs in search of better opportunities.”

What type of unemployment does the above paragraph refer to?

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