unemployment rate vs level of unemployment

Both 'unemployment rate' and 'level of unemployment' are correct phrases, but they are used in different contexts. 'Unemployment rate' refers to the percentage of unemployed people in the labor force, while 'level of unemployment' refers to the extent or amount of unemployment without specifying a percentage. They are not interchangeable as they convey different meanings.

Last updated: March 19, 2024 • 783 views

This phrase is correct and commonly used in English.

"unemployment rate"

This phrase refers to the percentage of unemployed people in the labor force. It is a standard term used in economics and statistics.

Examples:

The unemployment rate in the country is 5%.
The government is concerned about the rising unemployment rate.

Show examples from the web [+]

Series Id: LNS14000000 Seasonally Adjusted Series title: (Seas) Unemployment Rate Labor force status: Unemployment rate. Type of data: Percent or rate
Nov 20, 2015 ... Unemployment Rates for States Monthly Rankings Seasonally Adjusted Oct. 2015p. Rank, State, Rate. 1, NORTH DAKOTA, 2.8. 2, NEBRASKA ...
DEFINITION of 'Unemployment Rate'. Unemployment is defined most basically as the percentage of the total labor force that is unemployed but actively seeking ...
Index measures the US unemployment rate on a monthly basis. The unemployment rate represents the number unemployed persons as a percent of the labor ...

Alternatives:

jobless rate
rate of unemployment
percentage of unemployed

This phrase is correct but less commonly used compared to 'unemployment rate'.

"level of unemployment"

'Level of unemployment' refers to the extent or amount of unemployment without specifying a percentage. It is a more general way to describe the situation of unemployment.

Examples:

The level of unemployment in the city is alarming.
The government is working to reduce the level of unemployment.

Show examples from the web [+]

Sep 17, 2015 ... The lowest level of unemployment that the economy can sustain is difficult to determine and has probably changed over time due to changes in ...
The inflation-fighting benefits to the entire economy arising from a presumed optimum level of unemployment has been studied extensively. The Shapiro– Stiglitz ...
“At any moment of time, there is some level of unemployment which has the property that it is consistent with equilibrium in the structure of real wages .
Some level of unemployment will always be present in an economy as industries expand and contract, as technological advances occur, as new generations ...

Alternatives:

extent of unemployment
amount of unemployment
degree of unemployment

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unemployment rate vs level of unemployment