Question

In August of 2020, the United States Unemployment Rate Was 8.4%; In September, It Was 7.8%. Which of the Following Comparison Statements Is True?

a) The unemployment rate increased by 0.6%
b) The unemployment rate decreased by 0.6%
c) The unemployment rate remained the same
d) Not enough information to determine

Answer 1

The unemployment rate in August 2020 was 8.4% and it decreased to 7.8% in September. Therefore, the correct comparison statement is that the unemployment rate decreased by 0.6%.To determine the change in the unemployment rate, we subtract the September rate from the August rate. 8.4% - 7.8% = 0.6%. Therefore, the correct comparison statement is: The unemployment rate decreased by 0.6%.

Step-by-step explanation:

The unemployment rate in August of 2020 was 8.4% and it decreased to 7.8% in September. To determine the change in the unemployment rate, we subtract the September rate from the August rate. 8.4% - 7.8% = 0.6%. Therefore, the correct comparison statement is: The unemployment rate decreased by 0.6%.

Answer 2

The unemployment rate in the United States decreased by 0.6% from August 2020 to September 2020, moving from 8.4% to 7.8%.

Step-by-step explanation:

The correct comparison statement is a) The unemployment rate increased by 0.6%. In August, the unemployment rate was 8.4% and in September, it decreased to 7.8%.

To find the change, we subtract the initial rate from the final rate: 7.8% - 8.4% = -0.6%. Since the result is negative, it means there was a decrease in the rate. However, the question asks for the comparison statement that is true, and the statement in option (a) is the only true statement.