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Author Question: If the unemployment rate is 7% and the number of people employed is 300,000, total number of people ... (Read 116 times)

vinney12

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Question 1

If the number of people employed is 240,000 and the labor force is 250,000, the unemployment rate is


◦ 2.4%.
◦ 2.9%.
◦ 4.0%.
◦ 4.7%.

Question 2

If the unemployment rate is 7% and the number of people employed is 300,000, total number of people unemployed is approximately


◦ 21,000 people.
◦ 22,580 people.
◦ 23,330 people.
◦ 42,050 people.


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Marked as best answer by vinney12 on Apr 19, 2019

amandalm

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vinney12

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


Animal_Goddess

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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