state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series Commerce Business Economics

What is the unemployment rate formula?

1
Unemployment rate = (Unemployed Workers / Total population) × 100
2
Unemployment rate = (Unemployed Workers / Total labor force) × 100
3
Unemployment rate = (Employed Workers / Total labor force) × 100
4
Unemployment rate = (Employed Workers / Total population) × 100
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