Which of the following indicates a high unemployment rate?

The correct choice is associated with the understanding that a high unemployment rate typically results in an increased number of job seekers or applicants vying for available positions. In an economy where unemployment is high, many individuals are actively looking for jobs due to the lack of employment opportunities. This leads to a greater pool of applicants competing for a limited number of jobs.

In contrast, fewer job openings imply that there are not enough positions available to accommodate the workforce, which aligns with a high unemployment rate and can further increase competition among applicants. Lower wage competition suggests that employers are not under pressure to raise wages due to high unemployment, which can contribute to stagnation in salary growth. More job opportunities would generally indicate a healthier job market with lower unemployment rates, as this would not correlate with high unemployment.