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Shalnov [3]
4 years ago
10

Suppose that the adult population in some country is 225 million. If 40 million are unemployed and 100 million are employed, the

n the unemployment rate is approximately_________.
Business
1 answer:
Yakvenalex [24]4 years ago
3 0

Answer:

28.57%

Explanation:

The computation of the unemployment rate is shown below:

Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100

where,  

Total labor force would be = Unemployed + employed

= 40 million + 100 million

= 140 million

So, the unemployment rate would be

= 40 million ÷ 140 million

= 28.57%

It should always be expresses in a percentage form.

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