Question

Please help!

a) Beatrice lives in a small town of 5,000 people. There are 1,500 people under the age of 16,
500 people who are retired, 2,750 people who have jobs, and 250 people who are actively
looking for work. What is the unemployment rate of Beatrice's town?

Answer 1

8.33%

Step-by-step explanation:

250 unemployed people looking for work / 3000-member labor force = 0.0833

3000 = 5000 (the population) minus 2000 (those who aren't part of the labor force; aka the kids and retirees)