Suppose the labor force is 189 million of a possible 244 million working-age adults. The total number of unemployed is 15 million. Whatis the standard unemployment rate?

Answers

Answer 1
Answer:

Answer:

The standard unemployment rate is of 0.0794 = 7.94%.

Step-by-step explanation:

The standard unemployment rate, as a proportion, is the number of unemployed people divided by the size of the labor force.

In this question:

Labor force: 189 million

Number of unemployed people: 15 million

What is the standard unemployment rate?

15/189 = 0.0794

The standard unemployment rate is of 0.0794 = 7.94%.


Related Questions

Kyle wants to buy a new laptop that has an original price of $540. The store is having a sale, so the laptop is 10 percent off, which amounts to a discount of $54. If sales tax is 8 percent on the final price of the laptop, how much tax will he need to pay?
The club with an occupancy of 100 will sell out at $25 per ticket. If the owner decides to increase the price by $5, then 2 less tickets will be sold. Determine the revenue function if x is the number of $5 increases.
Is 9/12 greater or less than 1/3
You receive a fax with six bids (in millions of dollars):2.2,1.3,1.9,1.2 2.4 and x is some number that is too blurry to read. Without knowing what x is, the median a. Is 1.9 b. Must be between 1.3 and 2.2 c. Could be any number between 1.2 and 2.4
Please help ASAP. Worth 50 points

Without graphing, find the slope of the line that goes through each pair of coordinate points ( - 3 , - 2 ) and ( - 1 , - 5 )

Answers

The slope is: -3/2 and we get this by doing (y2-y1)/(x2-x1).

PLEASE HELP RLLY NEED IT GUYS

Answers

Answer:

156.95

Step-by-step explanation:

length x width x height

How many equations can you write that will equal 100

Answers

Step-by-step explanation:

Infinitely many equations can be written that will be equal to 100.

x + y = 100

2x - y = 100

and many more..

Find the volume, I really need help, thank you!!

Answers

the area of the base
(4 * 6) / 2 = 24 / 2 = 12


the volume
12 * 6 = 72


the answer is 72 in^3




good luck

PLEASE WRITE THE EQUATION THAT IS WHAT IT IS ASKING!! THE EQUATION IS IN SLOPE INTERCEPT FORM!!

Answers

Answer:

y = -3x-5

Step-by-step explanation:

A triangle with vertices (-2,3), (5,4), and (-1,-1) is translated using the rule (x,y) (x-3, y+4) what are the coordinates of the image?

Answers

Answer:

(-5,7)(2,8)

Step-by-step explanation:

your just adding and subtracting the x and y with the rule it gives you