Unemployment - The percentage of people who don't have a job but are part of the labor force.
Labor Force - The number of people in a country that are classified as either employed or unemployed.
How to Calculate Unemployment Rate
(number of unemployed / (number of unemployed + number of employed)) x 100
Labor Force = number of unemployed + number of employed x 100
Your definitions and formula are short and to the point. But i don't think you are supposed to multiply by 100 to find labour force.
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