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20-01-2020
Business

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Suppose the labor force is 155 million of a possible 244 million working-age adults. The total number of unemployed is 13 million. What is the standard unemployment rate?

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jbarrientos270061 jbarrientos270061

20-01-2020

Answer:

Unemployment rate= (number of unemployed/labor force)*100

(13/155)*100= 8.4%

Explanation:

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