Question #135994
Out of 20 million people in the population ,9 million people are in the labour force and 3 million people are unemployed ,therefore the unemployment rate is:
1
Expert's answer
2020-10-01T10:29:07-0400

UnemploymentRate=UnemployedPeopleTotalLaborForce×100Unemployment Rate =\frac{Unemployed People} {Total Labor Force} ×100

UnemploymentRate==39×100=33.33Unemployment Rate ==\frac{3}{9}×100=33.33% %


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