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Answer to Question #146231 in Macroeconomics for Lutendo Thendo
Question #146231
Statistics South Africa reported the following data for 2012. Labor force. 17 948 000. Employment, 13 422 000, working age population, 32 786 000.
Expert's answer
"Unemployment rate=\n\n\\tfrac{(19948000-13422000)\u00d7100}{17948000}\n\\approxeq25.22"
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