Question: ( graph ) Total Population 100,000 working Age Population 70,000 Employed 50,000 unemployed 5,000 You learn that 8,000 of the employed workers are part-time workers.

( graph ) Total Population 100,000 working Age Population 70,000 Employed 50,000 unemployed 5,000 You learn that 8,000 of the employed workers are part-time workers. Consider the 8,000 involuntary part-time workers half unemployed. The unemployment rate considering involuntary part-time workers is A 13.6% B 12.7% C 16.3% D 14.5%
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
