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If a country has a working-age population of 200 million, 135 million people with jobs, and 15 million people unemployed and seeking employment, then its unemployment rate is
10%
If the rate of unemployment is 10% and the labor force is 130 million, the number of unemployed workers is:
13 million
Use Table 12-3 what is the unemployment rate in Madtucky?
17%
A survey reveals that on a small island 40 adults have jobs, 10 other adults are looking for jobs, and 30 are neither working nor looking for work. The unemployment rate on the island is:
20%
Use table 12-4. Total population will be:
486 million
If the labor force is 100 million persons and 5 million are unemployed but actively seeking work, then the unemployment rate is
5%
In calculating the unemployment rate, discouraged workers are:
Not included in the labor force
Sally works twenty hours a week for an accounting firm. She would like to work 40 hours a week and expects that she will in the future. Sally is a(n):
Underemployed worker
According to the government, a person who is not working and is not looking for work is
Unemployed
To be classified as unemployed, a person must be:
not working and actively looking for a job in the last four weeks.