If the labour force in a given community is 2,000,000, in the wage employment 200,000 and the unemployed are 80,000, what is the unemployment rate in the community?

caleb rufus

9 years ago

how can u say d am

answer is B when u hv no official explanation. do u just copy and paste? the formula for calculating unemployment is UNEMPLOYED divided by total labour force. and since we are dealing with rate or percentage, u multiply d quotient by 100. thus; 80,000/2,000,000= 0.04, multiplied by 100 which equals 4.0%. therefore the correct answer is "D". pls my school admin try solving these things sometimes. tnk u

Iyanuharuna

5 years ago

The answer is 4%, D is correct

Olumatics

5 months ago

please the answer is D

Cassandra234

1 year ago

The answer is 4% not 40.0%

immaculate_mount

1 year ago

The answer is wrong
formula = no of unemployment ÷ division of labour ×100
8000÷2000000= 0.04×100=4%

Birdsung

2 years ago

The ans should be A
Because unemployment rate is calculated as number of unemployment/number of total population
Therefore 80000/2000000=0.4

allbadoo

9 years ago

Who can fiqure this out? Inbox me the workings! There's always a reward!

nazeetech

2 months ago

who did yoy get 40.0%