Answer to Question #225651 in Macroeconomics for larry

Question

what is strict unemployment and how is it calculated?

Answer 1

Definition of strict unemployment regards to a person as unemployed if he/she have taken active steps to search for a job or to start up some form of self-employment in the past four weeks prior to the interview.

Unemployment rate $=$ $\frac{unemployed people }{Total labour force}\times 100$