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topjm [15]
3 years ago
14

If 99 million people are working and 1 million are unemployed but actively seeking work, then the unemployment rate is ________.

Business
1 answer:
miss Akunina [59]3 years ago
3 0
I believe it's 1% because the formula to find unemployment rate is number of unemployed, divided by labor force which is both employed and unemployed, so 1 million divided by 100 million = 0.01
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