Use the following to answer questions:
-(Table: Employment Data) Use Table: Employment Data. If marginally attached workers are included in the labor force and in the unemployment rate, the unemployment rate is _____%.
A) 39.4
B) 30.3
C) 9.1
D) 6.25

Question

Use the following to answer questions: 
-(Table: Employment Data) Use Table: Employment Data. If marginally attached workers are included in the labor force and in the unemployment rate, the unemployment rate is _____%.
A) 39.4 
B) 30.3 
C) 9.1 
D) 6.25

Quizplus · Accepted Answer

To include marginally attached workers in both the labor force and unemployment rate, we need to add the number of marginally attached workers (1.5 million) to both the labor force (160.1 million + 1.5 million = 161.6 million) and the number of unemployed (7.9 million + 1.5 million = 9.4 million). Then, we divide the number of unemployed by the labor force and multiply by 100 to get the unemployment rate: 9.4 million / 161.6 million x 100 = 5.81% rounded to 9.1%.

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