Use the following table to answer the questions that follow.

-According to the table,the unemployment rate in this economy is equal to:
A) 18.9%.
B) 36.9%.
C) 63.4%.
D) 10.1%.
E) 8.5%.

Question

Use the following table to answer the questions that follow.
 
-According to the table,the unemployment rate in this economy is equal to:
A) 18.9%. 
B) 36.9%. 
C) 63.4%. 
D) 10.1%. 
E) 8.5%.

Quizplus · Accepted Answer

To find the unemployment rate, we need to use the formula: 
unemployment rate = (unemployed workers / labor force) x 100
From the table, we can see that the number of unemployed workers is 58,000 and the labor force is 575,000.
So, unemployment rate = (58,000 / 575,000) x 100 = 10.1%
Therefore, the correct answer is D.

Use the Following Table to Answer the Questions That Follow