What is the formula for calculating the unemployme


Which of the following is the formula for calculating the unemployment rate? 

(employed – unemployed) ÷ labor force × 100 
(labor force – employed) ÷ labor force × 100 
unemployment ÷ population × 100 
(employed – labor force) ÷ employed × 100 

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Microeconomics: What is the formula for calculating the unemployme
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