The population (age 16 and over)of Yakutsk is 48 million;4 million are unemployed,and 40 million hold jobs.Indicate the rate of unemployment and the employment/population ratio of Yakutsk.

Question

Quizplus · Accepted Answer

To find the unemployment rate, we divide the number of unemployed individuals by the total labor force (which includes both employed and unemployed individuals).

Unemployment rate = (Number of unemployed / Total labor force) x 100%

Number of unemployed = 4 million 
Total labor force = 4 million + 40 million = 44 million

Unemployment rate = (4 million / 44 million) x 100% = 9.1%

To find the employment/population ratio, we divide the number of employed individuals by the total population (which includes both working and non-working individuals).

Employment/population ratio = (Number of employed / Total population) x 100%

Number of employed = 40 million 
Total population = 48 million

Employment/population ratio = (40 million / 48 million) x 100% = 83.3%

Therefore, the best choice is D: The unemployment rate is 9.1 percent,and the employment/population ratio is 83.3 percent.

The Population (Age 16 and Over)of Yakutsk Is 48 Million;4