Table 6.1
Employment status of the working age
population of Metropolis is approximately:

-Given the data in Table 6.1, the unemployment rate of Metropolis is approximately
A) 6 percent.
B) 9 percent.
C) 12 percent.
D) 22 percent.

Question

Table 6.1
Employment status of the working age
population of Metropolis is approximately:
 
-Given the data in Table 6.1, the unemployment rate of Metropolis is approximately
A) 6 percent. 
B) 9 percent. 
C) 12 percent. 
D) 22 percent.

Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed people by the total labor force. In this case, the unemployment rate is 6 percent because 600,000 people are unemployed and the total labor force is 10,000,000 people.

Table 6.1 Employment Status of the Working Age