$\begin{array}{lrrr}&2004&005&2006\
\text { Population } & 200 \text { million } & 225 \text { million } & 275 \text { million } \
\text { Labor Force } & 150 \text { million } & 165 \text { million } & 200 \text { million } \
\text { Unemployed } & 5 \text { million } & 15 \text { million } & 35 \text { million }
\end{array}$

$\text { Table } 6.1$ What was the unemployment rate in 2004 in Table 6.1?

Question

$\begin{array}{lrrr}&2004&005&2006\
\text { Population } & 200 \text { million } & 225 \text { million } & 275 \text { million } \
\text { Labor Force } & 150 \text { million } & 165 \text { million } & 200 \text { million } \
\text { Unemployed } & 5 \text { million } & 15 \text { million } & 35 \text { million }
\end{array}$

$\text { Table } 6.1$ What was the unemployment rate in 2004 in Table 6.1?

Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed by the labor force and multiplying by 100. In 2004, the unemployment rate was (5 million / 150 million) * 100 = 3.3 percent.

Table 6.1\text { Table } 6.1 Table 6.1 What Was the Unemployment Rate in 2004 in Table 6

$\text { Table } 6.1$ What Was the Unemployment Rate in 2004 in Table 6