In the United States in 1996, the population was 265.5 million and the working age population was 200.6 million. There were 133.9 million people in the labor force and 126.7 of them were employed. The unemployment rate equaled

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The unemployment rate is calculated as the number of unemployed people divided by the labor force, then multiplied by 100 to get a percentage. In this case, the number of unemployed people is the difference between the labor force (133.9 million) and the employed (126.7 million), which is 7.2 million. Therefore, the unemployment rate is (7.2 / 133.9) * 100 = 5.4 percent.

In the United States in 1996, the Population Was 265