Use the following to answer questions: Table: Employment, Unemployment, and Labor Force Participation $$\begin{array} { l r r }
\hline \text { Year } & \mathbf { 2 0 0 9 } & \mathbf { 2 0 1 0 } \
\hline \text { Population } & 380 \text { million } & 400 \text { million } \
\text { Adults in labor force } & 255 \text { million } & 260 \text { million } \
\text { Adults not in labor force } & 78 \text { million } & 80 \text { million } \
\text { Employed workers } & 245 \text { million } & 247 \text { million } \
\hline
\end{array}$$
-(Table: Employment, Unemployment, and Labor Force Participation) Refer to the table. What is the unemployment rate of the country in 2009?

Question

Use the following to answer questions: Table: Employment, Unemployment, and Labor Force Participation $$\begin{array} { l r r } 
\hline \text { Year } & \mathbf { 2 0 0 9 } & \mathbf { 2 0 1 0 } \
\hline \text { Population } & 380 \text { million } & 400 \text { million } \
\text { Adults in labor force } & 255 \text { million } & 260 \text { million } \
\text { Adults not in labor force } & 78 \text { million } & 80 \text { million } \
\text { Employed workers } & 245 \text { million } & 247 \text { million } \
\hline
\end{array}$$
-(Table: Employment, Unemployment, and Labor Force Participation) Refer to the table. What is the unemployment rate of the country in 2009?

Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed workers by the total labor force. In 2009, the labor force was 255 million and the number of employed workers was 245 million. Therefore, the number of unemployed workers was 255 million - 245 million = 10 million. The unemployment rate is then calculated as 10 million / 255 million = 3.9%.

Use the Following to Answer Questions: Table: Employment, Unemployment, and Labor