If the labour force totals 100 million workers and 90 million are working,then the unemployment rate is_____%.
A) 1
B) 5
C) 10
D) 90

Question

Quizplus · Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed individuals by the total number of individuals in the labor force and multiplying by 100. Therefore, if the labor force totals 100 million workers and 90 million are working, then 10 million are unemployed. So, the unemployment rate is (10 million / 100 million) x 100 = 10%.

If the Labour Force Totals 100 Million Workers and 90