If the population of a country is 320 million, the working-age population is 215 million, the labor force is 145 million, and the number of people who are employed is 137 million, then the unemployment rate is

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The unemployment rate is the number of unemployed people divided by the labor force. In this case, the number of unemployed people is the labor force (145 million) minus the number of people who are employed (137 million), which equals 8 million. Therefore, the unemployment rate is 8 million divided by the labor force (145 million), which equals approximately 5.5 percent.

If the Population of a Country Is 320 Million, the Working-Age