If the labour force of a country is 2.5 million and 2 million are employed , what is the unemployment rate?
a
0.2%
b
20%
c
200%
d
250%
Explanation
Correct Option
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Discussions (4)

Lizzdove
12 years ago
D ans is correct because d unemployed which is 2.5m-2m=500,000 over d total labour force in d country which is 2.5m multiplied by 100. I.e 500000/2500000*100/1. If u do it dis way d ans will b 20% so d ans is correct.


