Question

Town of Newberg

Total Population 200,000
Working Age Population 100,000
Employed 85,000
Unemployed 15,000
What is the unemployment rate of the town of Newberg?
A) 5%
B) 12%
C) 15%
D) 20%

Answer 1

Thank you for posting your question in here. The unemployment rate of the town of Newberg is C which is 15%. Below is the solution.

Rate = 15,000 Unemployed/100,000 Working Age Population
Rate = .15 x 100
Rate = 15%