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%

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Correct Option
b

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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.

hormorjay
12 years ago

but d ans has 2 be 0.2 can someone explain y is 20

hormorjay
12 years ago

yap d ans is perfectly correct

Godwin.Snr
4 years ago

Apuarakumbe 😹

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