The unemployment rate in a town in which 65,400 persons are employed and 11,000 are unemployed equals:
A)11 percent.
B)14.4 percent.
C)16.8 percent.
D)10.2 percent.

Question

The unemployment rate in a town in which 65,400 persons are employed and 11,000 are unemployed equals:
A)​11 percent.
B)​14.4 percent.
C)​16.8 percent.
D)​10.2 percent.

Quizplus · Accepted Answer

The unemployment rate is calculated as the number of unemployed persons divided by the labor force (employed + unemployed) times 100. Here, it's (11,000 / (65,400 + 11,000)) * 100 = 14.4%.

The Unemployment Rate in a Town in Which 65,400 Persons