A Criterion Used to Calculate the Unemployment Rate is
by
Unemployment Rate Calculator
The unemployment rate is a key economic indicator that measures the percentage of the labor force that is jobless and actively seeking employment. It's a critical criterion used to assess the health of an economy.
Your calculated Unemployment Rate will appear here.
function calculateUnemploymentRate() {
var laborForceInput = document.getElementById("laborForce");
var unemployedInput = document.getElementById("unemployed");
var resultDiv = document.getElementById("result");
var laborForce = parseFloat(laborForceInput.value);
var unemployed = parseFloat(unemployedInput.value);
if (isNaN(laborForce) || isNaN(unemployed)) {
resultDiv.innerHTML = "Please enter valid numbers for both fields.";
return;
}
if (laborForce <= 0) {
resultDiv.innerHTML = "Total Labor Force must be greater than zero.";
return;
}
if (unemployed laborForce) {
resultDiv.innerHTML = "Number of Unemployed cannot be greater than the Total Labor Force.";
return;
}
var unemploymentRate = (unemployed / laborForce) * 100;
resultDiv.innerHTML = "The calculated Unemployment Rate is: " + unemploymentRate.toFixed(2) + "%";
}
.calculator-wrapper {
font-family: Arial, sans-serif;
max-width: 500px;
margin: 20px auto;
padding: 20px;
border: 1px solid #ccc;
border-radius: 8px;
box-shadow: 0 2px 4px rgba(0, 0, 0, 0.1);
}
.calculator-wrapper h2 {
text-align: center;
margin-bottom: 15px;
color: #333;
}
.calculator-inputs {
margin-bottom: 20px;
}
.input-group {
margin-bottom: 15px;
}
.input-group label {
display: block;
margin-bottom: 5px;
font-weight: bold;
color: #555;
}
.input-group input[type="number"] {
width: 100%;
padding: 10px;
border: 1px solid #ccc;
border-radius: 4px;
box-sizing: border-box; /* Ensures padding doesn't affect width */
}
.calculator-wrapper button {
display: block;
width: 100%;
padding: 12px 15px;
background-color: #007bff;
color: white;
border: none;
border-radius: 4px;
font-size: 16px;
cursor: pointer;
transition: background-color 0.3s ease;
}
.calculator-wrapper button:hover {
background-color: #0056b3;
}
#result {
margin-top: 20px;
padding: 15px;
background-color: #e9ecef;
border-radius: 4px;
text-align: center;
}
#result p {
margin: 0;
font-size: 1.1em;
color: #333;
}
#result strong {
color: #007bff;
}