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Vadim26 [7]
2 years ago
14

suppose the labor force in an economy equals 153 million workers. out of 153 million workers, 145.2 million workers are employed

and 7.8 million are unemployed. hence, the unemployment rate equalspercent
Business
2 answers:
Vesnalui [34]2 years ago
5 0

The unemployment rate is equal  to 5.1%.

<h3>What is the unemployment rate?</h3>

The labour force consists of those who are willing and able to work and are within the working age - 16 to 65 years. The employed includes all who have jobs. The unemployed includes those without jobs who are actively looking for jobs.

Types of unemployment includes:

  • Cyclical unemployment
  • Structural unemployment
  • Frictional unemployment

The unemployment rate can be determined by dividing the number of workers that are unemployed by the total number of the labor force of the economy.

The unemployment rate  = (number of unemployed workers / total labor force) x 100

The unemployment rate  = (7.8 million / 153 million) x 100 = 5.1%

To learn more about unemployment, please check: brainly.com/question/10940465

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34kurt2 years ago
4 0

The unemployment rate equals 5.10 percent

What is unemployment rate?

Unemployment rate is the portion of the labor force in an economy who are unable to find jobs for living.

The unemployment rate is determined as the number of unemployed divided by the labor force, in other words, the unemployment rate is computed thus:

unemployment rate=unemployed/labor force

unemployed=7.8 million

labor force=153 million

unemployment rate=7.8 million/153 million

unemployment rate=5.10%

Find out more about unemployment rate on:brainly.com/question/18120862

#SPJ1

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According to the market theory of wage determination, under what circumstances will wages for a particular group be highest?
Dmitry_Shevchenko [17]

Answer:

When there is now demand for this type of labor

Explanation:

Hope this helps :))

4 0
3 years ago
Read 2 more answers
Which statement does not accurately describe a characteristic of cash value for whole life insurance?
otez555 [7]
If this question has the same list of choices as the ones posted before, the statement that does not accurately describe a characteristic of cash value for whole life insurance is:
 "<span>Policy that accumulates cash value is less expensive than a policy that does not accumulate cash value."</span>
3 0
3 years ago
When faced with a conflict, police officers should?
mihalych1998 [28]
<span>Policy officers should try to de-escalate the situation to avoid violence whenever possible. Therefore, officers should avoid aggressive approaches or intimidation and should instead be non-confrontations. Physical force should be reserved as an absolute last resort.</span>
4 0
3 years ago
Read 2 more answers
Blake and Matthew are partners who agree that Blake will receive a $103,000 salary allowance and that any remaining income or lo
Sedaia [141]

Answer:

total net income = $109,000

Explanation:

given data

Blake receive = $103,000

Matthew capital account is credited = $3,000

solution

we know that both partner get equal part in  remaining loss or income

so here Blake get $3,000 as share of the net income

so that here net income for the period, that will Blake's salary allowance +  amount shared in both persons of net income

as that

total net income = $103,000 + $3,000 +$3,000

total net income = $109,000

7 0
3 years ago
Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is $95,40
zalisa [80]

Answer:

$122,500

Explanation:

Calculation for the amount of the common fixed expense not traceable to the individual divisions

First step is to calculate Total segment margin

Total segment margin = $43,600 + $174,300

Total segment margin= $217,900

Now let calculate the Common fixed expense

Common fixed expense = $217,900-$95,400

Common fixed expense $122,500

Therefore the amount of the common fixed expense not traceable to the individual divisions is $122,500

8 0
3 years ago
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