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instrument / verified-clean
Unemployment & Labor Force Rate Calculator
The current ledger marks this instrument verified clean within the source-bound verification corpus.
Inspectable records
Ledger state
The current ledger marks this instrument verified clean within the source-bound verification corpus.
- Area
- Finance, Economics & Business (educational only — never individualized investment, tax, or legal advice)
- Tranche
- tranche-5
- Evidence ID
- t5-184
- Ledger rows
- 1
No ledger note is attached.
Review findings
Educational calculation from user-entered figures only. The formulas are standard once labor force is explicitly derived as employed + unemployed and ratios are converted to percentages. The exact unresolved ambiguity is whether labor_force is derived from the listed employed and unemployed inputs or is intended to be separately supplied.
Formula and scope findings
- The standard formulas are correct, but labor_force appears in both formulas and is not listed as an input; the specification must explicitly define labor_force = employed + unemployed or add labor_force as an input.
- The formulas as written produce decimal ratios, while the stated outputs are percentages; the implementation must multiply each ratio by 100 and label the results as percent.
Unit assumptions
- employed, unemployed, labor_force, and working_age_population are nonnegative counts measured in the same population unit.
- Labor force is assumed to equal employed + unemployed, with employed and unemployed mutually exclusive.
- working_age_population is the denominator population defined by the applicable statistical convention and includes the labor force.
- Percentage outputs are calculated as ratios multiplied by 100.
Boundary hardening
BREAK_CLAIMED · SELF_FLAGGED
A zero labor force produces unemployment_rate = 0/0, which is undefined and must be rejected or handled as an error. Inputs with labor force greater than the working-age population also produce mathematically defined but economically invalid percentages unless validation rejects them.
Errata and corrections
No applied erratum is attached to this unique-name record.
Inspectable example
4 review vectors are recorded. One source-bound sample is shown below.
{
"inputs": {
"employed": 1500,
"unemployed": 100,
"working_age_population": 3000
},
"expected_outputs": {
"unemployment_percent": 6.25,
"participation_percent": 53.3333333333
},
"working": "labor_force = employed + unemployed = 1500 + 100 = 1600; unemployment rate = unemployed / labor_force = 100 / 1600 = 0.0625; unemployment percent = 0.0625 × 100 = 6.25%; participation rate = labor_force / working_age_population = 1600 / 3000 = 0.5333333333; participation percent = 0.5333333333 × 100 = 53.3333333333%."
}Related workflows
No source-defined multi-instrument workflow membership is recorded.
Sources and evidence
These pointers bind the page to evidence. They do not grant authority or collapse verification into deployment.
VERIFIED_LEDGER.json · VERIFIED_CLEANevidence-tranche5/tranche5-results.jsonBOUNDARY_HAZARD_CATALOG.json