$$\begin{array} { | l | l | }
\hline { \text { Component } } & \begin{array} { l }
\text { Number of people } \
\text { (millions) }
\end{array} \
\hline \text { Total population } & 246 \
\hline \text { Working-age population } & 207 \
\hline \text { Labor force } & 139 \
\hline \text { Employed } & 133 \
\hline \text { Unemployed } & 6 \
\hline
\end{array}$$
-Using the information in the above table, the unemployment rate is
A) 4.3 percent.
B) 4.5 percent.
C) 2.8 percent.
D) 6.0 percent.

Question

$$\begin{array} { | l | l | } 
\hline  { \text { Component } } & \begin{array} { l } 
\text { Number of people } \
\text { (millions) }
\end{array} \
\hline \text { Total population } & 246 \
\hline \text { Working-age population } & 207 \
\hline \text { Labor force } & 139 \
\hline \text { Employed } & 133 \
\hline \text { Unemployed } & 6 \
\hline
\end{array}$$
-Using the information in the above table, the unemployment rate is
A) 4.3 percent.
B) 4.5 percent.
C) 2.8 percent.
D) 6.0 percent.

Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed people by the labor force and multiplying by 100. In this case, the unemployment rate is 6 / 139 * 100 = 4.3 percent.

-Using the Information in the Above Table, the Unemployment Rate