unemployment rate Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “unemployment rate” in the English Dictionary

"unemployment rate" in Business English

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unemployment ratenoun [C]

uk   us   ECONOMICS
the ​number or ​percentage of ​people in a country or ​area who do not have ​jobs: Britain's ​unemploymentrateinched up last month amid ​weakeningjobgrowth. Across Tennessee, the ​seasonallyadjustedunemploymentraterose from 4.1% in March to 4.3% in April. a 1.5%/5.7%/10%, etc. ​unemploymentratethe unemployment rate rises/climbs/edges upward The ​unemploymentrate is ​forecast to ​rise to 6.1% over the next 12 months.the unemployment rate falls/drops/dips Germany's ​unemploymentratefell to 11.2% in December, from 11.4% in November.the unemployment rate stands at/holds steady at/remains unchanged The ​unemploymentrateheldsteady at a ​low 4.5%.
(Definition of unemployment rate from the Cambridge Business English Dictionary © Cambridge University Press)
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