MATH PROBLEM : ECONOMICS - CALCULATING LABOR FORCE & UNEMPLOYMENT Rate, Also see if

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03-19-2008, 08:11 PM

Scuba

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MATH PROBLEM : ECONOMICS - CALCULATING LABOR FORCE & UNEMPLOYMENT Rate, Also see if

needs correction? USING : Not in the Labor force 45
Unemployed 10
Discouraged workers 4
Employed 98
Total (?) Population 9
Not of working age 30

U = 10/10+98x100
U= 9.25 ?
Is this correct ?
6 minutes ago - 3 days left to answer.
Additional Details
5 minutes ago

The above problem is calculating unemployment rate

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