If the adult population of a country is 200 million, 100 million are employed, and 10 million are unemployed, this country's unemployment rate is:

Question

Quizplus · Accepted Answer

The formula for unemployment rate is the number of unemployed people divided by the total labor force (employed and unemployed), multiplied by 100. 
In this case, the total labor force is 100 million employed + 10 million unemployed = 110 million. 
So, the unemployment rate is (10 million / 110 million) x 100 = 9.1%.

If the Adult Population of a Country Is 200 Million