Question

NOTE: I made an error when I originally wrote this question. Feel free to answer it or skip it, because I am awarding everyone full credit for it.

The unemployment rate in a town in which 15,000 persons are in the labor force and 652 are unemployed equals approximately _____ percent.
a.15.77
b.4.35
c.15.10
d.6.52

Answer 1

The nearest answer might be 4.35 percent. That means the rate of unemployment is calculated on the total number of people i.e. the entire population.

Step-by-step explanation:

The rate of unemployment can be calculated by determining the percentage of unemployed among the entire population.