Register
If 1m people are unemployed and the potential labour force is 30m, what is the unemployment rate
180k views
2 votes
If 1m people are unemployed and the potential labour force is 30m, what is the unemployment rate

User Jason McCay
by
7.2k points

1 Answer

4 votes

Answer:

total labour= 40m

unemployement rate= 1000000/40000000*100%= 2.5%

Step-by-step explanation:

User Nitesh
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.4m questions

11.1m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!