The employment rate is defined as
A) the percentage of the labor force holding employment.
B) the percentage of the noninstitutional population either working currently or looking for work.
C) the percentage of the noninstitutional population holding employment.
D) the percentage of the population currently receiving wages or salaries.
E) the percentage of the population currently working and living principally on earnings from labor.
Question 2
Dividing the number of people unemployed by the civilian labor force gives us
A) the employment rate.
B) the unemployment rate.
C) the labor force participation rate.
D) none of the above.
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