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15 February, 06:06

Free life, New Hampshire has a labor force of 80,500 persons and employment of 75,000. The unemployment rate for the city is: Group of answer choices 5.3%. 6.8%. 5.0%. 7.1%

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  1. 15 February, 08:12
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    The correct answer is B.

    Explanation:

    Giving the following information:

    New Hampshire has a labor force of 80,500 persons and employment of 75,000.

    The unemployment rate is calculated by dividing the unemployed people by the total labor force.

    Unemployed population = 80,500 - 75,000 = 5,500

    Unemployment rate = 5,500 / 80,500 = 0.068 = 6.8%
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