The table shows Canada's labor force characteristics. What was Canada's unemployment rate in March 2019?
$$\begin{array} { | l | c | c | c | }
\hline & \text { January 2019 } & \text { March 2019 } & \text { May 2019 } \
\hline \begin{array} { l }
\text { Number of people of } \
\text { working age }
\end{array} & 30,526,600 & 30,582,400 & 30,662,400 \
\hline \text { Labor force } & & 20,079,700 & 20,138,600 \
\hline \text { Employed } & 18,873,900 & 18,922,600 & \
\hline \text { Unemployed } & 1,162,000 & 1,157,200 & 1,081,800 \
\hline \begin{array} { l }
\text { Labor force } \
\text { participation rate }
\end{array} & 65.6 \% & & 65.7 \% \
\hline \text { Unemployment rate } & 5.8 \% & & \
\hline
\end{array}$$
A)9.1%
B)3.4%
C)5.4%
D)5.8%

Question

The table shows Canada's labor force characteristics. What was Canada's unemployment rate in March 2019?
$$\begin{array} { | l | c | c | c | } 
\hline & \text { January 2019 } & \text { March 2019 } & \text { May 2019 } \
\hline \begin{array} { l } 
\text { Number of people of } \
\text { working age }
\end{array} & 30,526,600 & 30,582,400 & 30,662,400 \
\hline \text { Labor force } & & 20,079,700 & 20,138,600 \
\hline \text { Employed } & 18,873,900 & 18,922,600 & \
\hline \text { Unemployed } & 1,162,000 & 1,157,200 & 1,081,800 \
\hline \begin{array} { l } 
\text { Labor force } \
\text { participation rate }
\end{array} & 65.6 \% & & 65.7 \% \
\hline \text { Unemployment rate } & 5.8 \% & & \
\hline
\end{array}$$
A)9.1%
B)3.4%
C)5.4%
D)5.8%

Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed people by the labor force and multiplying by 100. In March 2019, the labor force was 20,138,600 and the number of unemployed people was 1,157,200. Therefore, the unemployment rate was (1,157,200 / 20,138,600) * 100 = 5.8%.

The Table Shows Canada's Labor Force Characteristics A)91% B)3

The Table Shows Canada's Labor Force Characteristics A)91%
B)3