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If 1m people are unemployed and the potential labour force is 30m, what is the unemployment rate
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If 1m people are unemployed and the potential labour force is 30m, what is the unemployment rate

User Jason McCay
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4 votes

Answer:

total labour= 40m

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

Step-by-step explanation:

User Nitesh
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