Economy, asked by ChetansMehra8332, 2 months ago

What is the unemployment rate with the population of 145 993 000 people employed, 7 381 000 unemployed and 79 436 000 not in the labour force

Answers

Answered by nxtlegend12
0

Answer:

Figure 1 shows the three-way division of the over-16 adult population. In 2016, 62.8% of the adult population was in the labor force; that is, either employed or without a job but looking for work. Those in the labor force can be divided into the employed and the unemployed. These values are also shown in Table 1. The unemployment rate is not the percentage of the total adult population without jobs, but rather the percentage of adults who are in the labor force but who do not have jobs:

Similar questions