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ruslelena [56]
3 years ago
13

The Canadian labor force as of 2019 was 32.7 million. There were 30.9 million employed What the unemployment rate would be?

Mathematics
1 answer:
Afina-wow [57]3 years ago
8 0

Answer:

The unemployment rate would be 5.5%.

Step-by-step explanation:

It is given that,

The Canadian labor force as of 2019 was 32.7 million.

There were 30.9 million employed

We need to find the unemployment rate.

Unemployed = labor force - employed

= 32.7 - 30.9

= 1.8 million

\text{unemployment rate}=\dfrac{\text{unemployed}}{\text{labor force}}\times 100\\\\=\dfrac{1.8}{32.7}\times 100\\\\=5.5\%

So, the unemployment rate would be 5.5%.

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