Question

If the labor force is 2,000,000 workers,

but 332,000 are unemployed, what is
the unemployment percentage?
A. 6%
B. 16%
C. 26%
D. 36%

Answer 1

Total workers = 2,000,000

Total unemployed workers = 332,000

Unemployment Percentage = ( Total unemployed ÷ Total workers ) x 100

therefore, Unemployment percentage = ( 332000÷ 2000000 ) x 100 = 0.166 x 100 = 16.6%

hope it's helps ya...

By : Modern Einstein