171k views
4 votes
Civilian Employed: 180 Million Civilian Unemployed: 15 Million Out of Labor Force: ?Total Adult Population: 280 Million From the data provided, the unemployment rate is approximately ____ percent. a. 4.5 b. 7.7 c. 9.2 d. 5.4

User BobMorane
by
4.5k points

2 Answers

4 votes

Answer:

B) 7.7

Explanations:

Unemployment rate= Unemployed population/ Total labour force×100

Employed population=180 million

Unemployed population=15 million

Total adult population=280 million

Total labour force=employed+ unemployed

=180 million+ 15 million

=195 million

Unemployment rate= Unemployed population/ Total labour force×100

=15 million/195 million×100

=0.077×100

=7.7

User Dmytro Bilko
by
4.6k points
3 votes

Answer:

B. 7.7

Step-by-step explanation:

Given that

Civilian employed = 180 million

Civilian unemployed = 15 million

Total adult population = 280 million

Recall that

Unemployment rate = unemployed/total labour force × 100

Also,

Total labour force = number of employed + number of unemployed

Thus,

Total labour force = 180 + 15

= 195 million

Therefore,

Unemployment rate = 15/195 × 100

= 0.0769 × 100

= 7.69%

= 7.7%

The unemployment rate from the given data is 7.7%

User Arasu RRK
by
4.3k points