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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 unemployment rate inched up last month amid weakening job growth. Across Tennessee, the seasonally adjusted unemployment rate rose from 4.1% in March to 4.3% in April. a 1.5%/5.7%/10%, etc. unemployment ratethe unemployment rate rises/climbs/edges upward The unemployment rate is forecast to rise to 6.1% over the next 12 months.the unemployment rate falls/drops/dips Germany's unemployment rate fell to 11.2% in December, from 11.4% in November.the unemployment rate stands at/holds steady at/remains unchanged The unemployment rate held steady at a low 4.5%.
(Definition of unemployment rate from the Cambridge Business English Dictionary © Cambridge University Press)
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