Anonymous
Anonymous asked in Business & FinancePersonal Finance · 1 month ago

If the unemployment rate is 6.5% and the labor force is 40,000, what would be the total number of employed people?

Economics 

Update:

hi

4 Answers

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  • 1 month ago

    6 1/2 of 40,000

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  • Dan B
    Lv 7
    1 month ago

    It would be 93.5% of the workforce.

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  • A.J.
    Lv 7
    1 month ago

    First be advised, that government reported numbers such as these are asterisked and don't add up mathematically because 4% unemployed and 60% employed leaves 36% in neither one. However, as a math question, 6.5% unemployed means 100% - 6.5% employed = 0.935 employed x 40,000 labor force = 37,400 employed people.  This is only for high school or lower level math and does not apply to the real world reports.

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  • 1 month ago

    I hope you can solve a basic economics problem.

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