djdjdjdjajsjdb2860 djdjdjdjajsjdb2860
  • 13-11-2020
  • Business
contestada

Calculate unemployment rate if adult population of the nation is 800 people of which 450 people are working and 30 are looking for working.

Respuesta :

adnansoomro2019 adnansoomro2019
  • 16-11-2020

Answer:

6.25%

Explanation:

We can calculate the unemployment rate by dividing the unemployed people by the total labor force

Total labor force = Working people + People looking for work

Total labor force = 450 + 30

Total labor force = 480

Unemplyed people = 30

Unemployment rate = 30/ 480

Unemployment rate = 0.0625 OR 6.25%

Answer Link

Otras preguntas

what is 3 multiplied by x cubed
1. What was the first state called in Trump’s favor? What time was it called? 2. What source first called the state of Florida? What time was Florida called? 3.
When you ingest a huge amount of sugar. is your bodys response an example of positive or negative feedback explain you reasoning
what is the role of the joint chiefs of staff
Michelangelo restored and enhanced the design of ______, while he was the chief architect of St. Peter’s Basilica.
how many miles is sherman to austin tx
What is the equation in point-slope form of a line that passes through the points (−4, −1) and (5, 7) ? 1)y+1=8/9(x+4) 2)y+1=8/7(x+4) 3)y+4=9/8(x+1) 4)y−1=8/9(x
Locations near the equator are
a wall on the side of a building is made up of 52 rows of bricks with 44 in each row.how many bricks make up the wall
what is the average of 27 and 45?