The employment rate and the adult employment rates affect our lives in how we look for work, how we manage our current job, and how employers look at hiring people. But how is it figured?
Do you know how that 5% or 9.5% unemployment rate is calculated?
Can you use the sme strategy in your self-education or job to calculate relevent groups?
Khan Academy provides an educational YouTube "math class" that steps you through the way economists figure that infamous "unemployment rate".
And he takes it a step beyond math -- explaining the definitions related to unemployment terms.
Take a look... and add to your mathematical skills at the same time.
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