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In a small town of 600 people there are 25 children under the age of fifteen, 38 retired people, 410 people with full-time jobs, 44 people with part-time jobs, 16 full-time students over the age of fifteen, and 31 full-time homemakers. The remaining people did not have jobs but wanted one. However, only half of them had actively looked for a job in the previous 4 weeks. What is the unemployment rate in this town? Answer in percentage form, rounded to the nearest decimal place.

          In a small town of 600 people there are 25 children under the age of fifteen, 38 retired people, 410 people with full-time jobs, 44 people with part-time jobs, 16 full-time students over the age of fifteen, and 31 full-time homemakers. The remaining people did not have jobs but wanted one. However, only half of them had actively looked for a job in the previous 4 weeks. What is the unemployment rate in this town? Answer in percentage form, rounded to the nearest decimal place.
        
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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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In a small town of 600 people there are 25 children under the age of fifteen, 38 retired people, 410 people with full-time jobs, 44 people with part-time jobs, 16 full-time students over the age of fifteen, and 31 full-time homemakers. The remaining people did not have jobs but wanted one. However, only half of them had actively looked for a job in the previous 4 weeks. What is the unemployment rate in this town? Answer in percentage form, rounded to the nearest decimal place.
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Transcript

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00:03 Given total population of a town is 100.
00:11 Out of which 10 people are children under 16.
00:21 10 people are retired...
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