Credit Sprint / Practice problems / Unemployment rate
Unemployment rate practice problems
Macroeconomics Unit 2. Try each one, then open the worked solution. The Credit Sprint app generates unlimited new versions with fresh numbers.
80 million people are employed and 10 million are unemployed. What is the unemployment rate?
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Labor force = 80 + 10 = 90M. 10 ÷ 90 = 11.11%.
90 million people are employed and 4 million are unemployed. What is the unemployment rate?
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Labor force = 90 + 4 = 94M. 4 ÷ 94 = 4.26%.
80 million people are employed and 6 million are unemployed. What is the unemployment rate?
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Labor force = 80 + 6 = 86M. 6 ÷ 86 = 6.98%.
135 million people are employed and 16 million are unemployed. What is the unemployment rate?
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Labor force = 135 + 16 = 151M. 16 ÷ 151 = 10.6%.
175 million people are employed and 4 million are unemployed. What is the unemployment rate?
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Labor force = 175 + 4 = 179M. 4 ÷ 179 = 2.23%.
100 million people are employed and 7 million are unemployed. What is the unemployment rate?
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Labor force = 100 + 7 = 107M. 7 ÷ 107 = 6.54%.