The table below shows the percent of the labor force that is unemployed and the size of

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The table below shows the percent of the labor force that is unemployed and the size of the labor force for three counties in northwest Ohio. Jon Elsas is the Regional Director of Economic Development. He must present a report to several companies that are considering locating in northwest Ohio. What would be an appropriate unemployment rate to show for the entire region?

Percent Unemployed 4.5 3.0 10.2 Slze of Workforce 15,300 10,400 150,600 County Wood Ottawa Lucas

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Statistical Techniques in Business and Economics

ISBN: 978-1259666360

17th edition

Authors: Douglas A. Lind, William G Marchal

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