Question

4. In 2003, Mississippi’s labor force totaled

1,312,700 persons. The unemployment rate in
the state was 5.6 percent. Approximately how
many people were employed in that year?
Round your answer to the nearest thousand.

Answer 1

Unemployed persons

• 5.6% of 1312700
• 0.056(1312700)
• 73511

Employed persons

• 1312700-73511
• 1238989

Answer 2

employed: 1,312,700 people

• total people : 1,312,700

• unemployment : 5.6%

• employed : 100% - 5.6% = 94.4%

employed people:

• 94.4% * 1,312,700

• 1239188.8

• ≈ 1239189 people