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Unemployment Rate
(redirected from unemployment)

    Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
Unemployment Rate
The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.

Notes:
From 1948 to 2004, the monthly U.S. unemployment rate has ranged between about 2.5% to 10.8%, averaging approximately 5.6%. The unemployment rate is considered a lagging indicator, confirming but not foreshadowing long-term market trends.

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