-Using the information in the above table, the unemployment rate is
A) 4.5 percent.
B) 4.3 percent.
C) 2.8 percent.
D) 6.0 percent.

Question

-Using the information in the above table, the unemployment rate is
A) 4.5 percent. 
B) 4.3 percent. 
C) 2.8 percent. 
D) 6.0 percent.

Quizplus · Accepted Answer

The unemployment rate is calculated as the number of unemployed individuals divided by the labor force, then multiplied by 100 to convert it to a percentage. Without the specific numbers from the table, the correct answer cannot be directly calculated here. However, based on the choices provided, if the correct answer is B) 4.3 percent, it implies that this option was calculated using the appropriate formula and data from the table.

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