Question

If the working age population was 252 million of the 330 million people living in the United States and the labor force was 180 million with an unemployment rate of 10%, the number of employed workers would be...?

Answer 1

Answer:

The number of employed workers would be 162,000,000.

Explanation:

Given that the workforce in the United States is 180 million people, with an unemployment rate of 10% of that number, the total number of employed workers in the country arises from subtracting the number of unemployed from the total workforce. .

To obtain the number of unemployed, we must obtain 10% of 180,000,000, by the following calculation: 180,000,000 x 10 / 100. This calculation results in 18,000,000, which is the total number of unemployed.

Now, said number must be subtracted from the total workforce to obtain the number of persons employed in the country, by the following calculation: 180,000,000 - 18,000,000. This subtraction gives a total of 162,000,000, which is the number of people employed in the United States.