Question

If the city of Springfield has 5,000 unemployed citizens and 500,000 members of the work force, what is Springfield’s unemployment rate? Select one: a. 1% b. 20% c. 5% d. 10%

Answer 1

Answer: 1%

Step-by-step explanation:

The reason for 1% because if we already have 500,000 people working and only 5,000 people unemployed. If we add this up and then put it in a fraction meaning 5,000/500,000 should get you the answer.