Answer:
B
Step-by-step explanation:
hope this helps ^^
<h3>7 students in one group </h3><h3>may it's helpful</h3>
Answer:
b. 6.25%
Step-by-step explanation:
In order to obtain the unemployment rate in Micronesia, you have to divide the amount unemployees that still in the labor force between the amount of people in the labor force.
The labor force is defined as the number of people employed plus the unemployed people who are seeking work.
The number of people employed is the people who work part time plus the people who are fully employed (the remainder of the 80,000 people). Therefore:
14,000 + (80,000 -16,000 - 4,000 - 14,000)
14,000+46,000=60,000
The number of unemployed people who are seeking work is:
4,000
The labor force is:
60,000 + 4,000 = 64,000
The unemployment rate is:
4,000/64,000 = 0.0625
Multiplying by 100 to obtain the percentage:
0.0625(100)=6.25%
