Suppose there are 200 million persons in the population,120 million persons in the civilian labor force,and 90 million persons are employed. The number of people unemployed is _______ million and the unemployment rate is ___________ percent.

Question

Quizplus · Accepted Answer

The number of unemployed persons can be found by subtracting the number of employed persons from the civilian labor force:

Unemployed = Civilian labor force - Employed
Unemployed = 120 million - 90 million
Unemployed = 30 million

The unemployment rate can be found by dividing the number of unemployed persons by the civilian labor force and multiplying by 100:

Unemployment rate = (Unemployed / Civilian labor force) x 100
Unemployment rate = (30 million / 120 million) x 100
Unemployment rate = 25%

Therefore, the best choice is A) 30; 25.

Suppose There Are 200 Million Persons in the Population,120 Million