In March 2010, California reported a civilian labor force of 18,304,098. The number of unemployed people was 2,242,732. What was the unemployment rate?

Name: In March 2010, California reported a civilian labor force of 18,304,098. The number of unemployed people was 2,242,732. What was the unemployment rate?
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed people by the total civilian labor force and then multiplying by 100. So, (2,242,732 / 18,304,098) * 100 = 12.3%.

In March 2010, California Reported a Civilian Labor Force of 18,304,098