Suppose there are 10 million unemployed out of a labor force of 100 million. This means an unemployment rate of 10/100 = .10, or 10 percent. Recalculate the unemployment rate if 1 million of these 10 million unemployed workers stop looking for work.

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The Answer of Suppose there are 10 million unemployed out of a labor force of 100 million. This means an unemployment rate of 10/100 = .10, or 10 percent. Recalculate the unemployment rate if 1 million of these 10 million unemployed workers stop looking for work.

Suppose There Are 10 Million Unemployed Out of a Labor