Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60 have full time employment; 20 parttime employment; 20 do not have employment and are actively looking; and 10 would like employment but do not have employment. The official unemployment rate as calculated by the U. S. Bureau of Labor would equal?

Question

Mathematics

Montgomery

3 November, 00:51

Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60 have full time employment; 20 parttime employment; 20 do not have employment and are actively looking; and 10 would like employment but do not have employment. The official unemployment rate as calculated by the U. S. Bureau of Labor would equal?

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Marlene Kemp · Answer 1

20%

Step-by-step expltanation:to

total number of unemployed / (unemployed + the employed)

20 / (60+20+20)

20/100*100

the official unemployment rate will be 20%

unemployment is wen those who are willing to work, but do not have the levelling ground to be gainfully employed in the society