unemployment rate
US /ʌnɪmˈplɔɪmənt reɪt/
UK /ʌnɪmˈplɔɪmənt reɪt/
1.
the percentage of the total labor force that is unemployed but actively seeking employment and willing to work
:
•
The government announced a decrease in the unemployment rate.
•
A high unemployment rate can indicate economic problems.