question archive According to the most recent survey conducted by Statistics Bureau of Metropolis, currently there are 12 million people between the age of 15 and 64 living in the city

According to the most recent survey conducted by Statistics Bureau of Metropolis, currently there are 12 million people between the age of 15 and 64 living in the city

Subject:BusinessPrice: Bought3

According to the most recent survey conducted by Statistics Bureau of Metropolis, currently there are 12 million people between the age of 15 and 64 living in the city. If the labour force participation rate in Metropolis is 65 percent and 7 million people currently have jobs, what is the rate of unemployment?

 

a. 6.7%

b. 11.4%

c. 10.3%

d. 12.9%

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE