Suppose the Bureau of Labor Statistics interviews 194,000 people in its monthly survey: 91,300 are not in the labor force,94,000 are employed,6650 are unemployed,and 1,150 are in the armed forces.What is the unemployment rate the BLS announces?
A) 4.95 percent
B) 3.94 percent
C) 7.0 percent
D) 6.55 percent
E) 6.48 percent
Correct Answer:
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