Assuming the total population is 100 million, the civilian labour force is 50 million, and 47 million workers are employed, the unemployment rate:

Question

Quizplus · Accepted Answer

The unemployment rate is calculated as the number of unemployed divided by the civilian labor force. Here, 50 million - 47 million = 3 million are unemployed. The unemployment rate is (3 million / 50 million) * 100 = 6 percent.

Assuming the Total Population Is 100 Million, the Civilian Labour