Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60 have full time employment; 20 parttime employment; 20 do not have employment and are actively looking; and 10 would like employment but do not have employment. The official unemployment rate as calculated by the U. S. Bureau of Labor would equal?

Question

Mathematics

Petey

16 January, 12:35

Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60 have full time employment; 20 parttime employment; 20 do not have employment and are actively looking; and 10 would like employment but do not have employment. The official unemployment rate as calculated by the U. S. Bureau of Labor would equal?

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Camryn Spencer · Answer 1

20%

Step-by-step expltanation:to

total number of unemployed / (unemployed + the employed)

20 / (60+20+20)

20/100*100

the official unemployment rate will be 20%

unemployment is wen those who are willing to work, but do not have the levelling ground to be gainfully employed in the society