Suppose the population of El Campo is 120,000. Of the population 16 years and older, 50,000 are employed, 10,000 have never worked and are not looking for work, 5,000 are not working and are looking for work, and 15,000 are retired and not looking for work. The number unemployed equals
A) 5,000.
B) 10,000.
C) 15,000.
D) 20,000.

Question

Quizplus · Accepted Answer

The number unemployed is defined as those not working but actively looking for work, which is 5,000 in this scenario.

Suppose the Population of El Campo Is 120,000