Question

Use the following to answer questions 6-7: Table: Employment Data Full-time employed 20 million Not working but looking for work 2 million Part-time employed 10 million Discouraged workers 1 million 6. (Table: Employment Data) Look at the table Employment Data. The unemployment rate is: A) 6.25%. B) 6.45%. C) 9.09%. D) 9.37%. 7. (Table: Employment Data) Look at the table Employment Data. If marginally attached workers are included in the labor force and in the unemployment rate, the unemployment rate is: A) 39.4%. B) 30.3%. C) 9.1%. D) 6.25%.

          Use the following to answer questions 6-7:
Table: Employment Data
Full-time employed	20 million
Not working but looking for work	2 million
Part-time employed	10 million
Discouraged workers	1 million
6. (Table: Employment Data) Look at the table Employment Data. The unemployment rate
is:
A) 6.25%.
B) 6.45%.
C) 9.09%.
D) 9.37%.
7. (Table: Employment Data) Look at the table Employment Data. If marginally attached
workers are included in the labor force and in the unemployment rate, the unemployment
rate is:
A) 39.4%.
B) 30.3%.
C) 9.1%.
D) 6.25%.

Show more…

Use the following to answer questions 6-7:
Table: Employment Data
Full-time employed 20 million
Not working but looking for work 2 million
Part-time employed 10 million
Discouraged workers 1 million
6. (Table: Employment Data) Look at the table Employment Data. The unemployment rate
is:
A) 6.25%.
B) 6.45%.
C) 9.09%.
D) 9.37%.
7. (Table: Employment Data) Look at the table Employment Data. If marginally attached
workers are included in the labor force and in the unemployment rate, the unemployment
rate is:
A) 39.4%.
B) 30.3%.
C) 9.1%.
D) 6.25%.

Added by Marcus L.

Economics Principles, Problems, and Policies

Campbell R. McConnell, Stanley L. Brue,… 18th Edition

Chapter 26

Instant Answer

Solved by Expert Gopal Sharma

Step 1

The unemployment rate is calculated as the number of unemployed individuals divided by the labor force, then multiplied by 100 to convert it to a percentage. The labor force includes those who are employed and those who are unemployed but looking for work. Show more…

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Some one help me with 6 & 7 please. Use the following to answer questions 6-7: Table: Employment Data Full-time employed Not working but looking for work Part-time employed Discouraged workers 20 million 2 million 10 million 1 million 6. (Table: Employment Data) Look at the table Employment Data. The unemployment rate is: A) 6.25%. B) 6.45%. C) 9.09%. D) 9.37%. 7. (Table: Employment Data) Look at the table Employment Data. If marginally attached workers are included in the labor force and in the unemployment rate, the unemployment rate is: A) 39.4%. B) 30.3%. C) 9.1%. D) 6.25%.

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