Answer:
20,000,000= unemployed people
Explanation:
Giving the following information:
Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor force participation rate is 80% and the working-age population is 500 million people.
The unemployment rate is the number of people of working age, disposed to work and looking for a job.
Labor force rate= unemployed people/ labor force
0.05= unemployed people/ 400,000,000
400,000,000*0.05= unemployed people
20,000,000= unemployed people
