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Scenario: The Employment Rate
A group of 10 people includes 3 retirees, 2 part-time workers, 2 discouraged workers, 1 unemployed worker, and 2 full-time workers.
-(Scenario: The Employment Rate) Look at the scenario The Employment Rate. The unemployment rate is:
A)10%.
B)30%.
C)20%.
D)50%.

Question

Quizplus · Accepted Answer

The unemployment rate is the percentage of the labor force that is currently unemployed. In this scenario, out of the 10 people, there is only 1 unemployed worker. Therefore, the unemployment rate is 1/10 or 10%.

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