millicentmanasseh millicentmanasseh
  • 18-09-2020
  • Business
contestada

If 1m people are unemployed and the potential labour force is 30m, what is the unemployment rate

Respuesta :

lifelongknowledge62 lifelongknowledge62
  • 18-09-2020

Answer:

total labour= 40m

unemployement rate= 1000000/40000000*100%= 2.5%

Explanation:

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