If 16 million people are employed,1.5 million people are unemployed,and the population is 28 million people,the unemployment rate is

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Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed people by the labour force and multiplying by 100. The labour force is the number of people who are employed or unemployed. In this case, the labour force is 16 million + 1.5 million = 17.5 million. Therefore, the unemployment rate is 1.5 million / 17.5 million * 100 = 8.6%.

If 16 Million People Are Employed,1