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Suppose There Are 10 Million in the Labour Force, and 600

Question 30

Multiple Choice

Suppose there are 10 million in the labour force, and 600 000 unemployed people.During the next month, 20 000 people lose their jobs and 30 000 find jobs.The new total of employed persons is __________ and the new unemployment rate is ___________.(Assume there are no new entrants into the labour force.)


A) 10.1 million; 5.8 per cent
B) 10 million; 6.1 per cent
C) 9.41 million; 5.9 per cent
D) 9.39 million; 6.1 per cent

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