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If there are 100,000 people unemployed out of a labor force of 1 million, what is the unemployment rate?

If there are 100,000 people unemployed out of a labor force of 1 million, what is the unemployment rate?
asked 72.2k views
2 votes
If there are 100,000 people unemployed out of

a labor force of 1 million, what is the
unemployment rate?

asked
User Damask
by
8.8k points

1 Answer

4 votes

Answer:

100000/1000000x100%

0.1x100%

=10%

answered
User Rob Sutherland
by
7.5k points
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