If the number of people classified as unemployed is 5,000 and the number of people classified as employed is 45,000, what is the unemployment rate? Group of answer choices 5% 9.5% 4.5% 10%

Jack is trying to get an estimate of the unemployment rate in a particular neighborhood. Jack selects a sample of 5 people. The real (and unknown to Jack) unemployment rate is 10%. What is the probability that exactly one of the people Jack selects is unemployed? Round your answer to three decimal places, eg 0.829.

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QUESTION 28 In Country the adult population comprised of 200 people. 180 people are employed, and 5 people are unemployed What is the unemployment rate in country 27 OA 2.78% OB 27% Of 5% 00758 OF 25%

Labor force participation rate 60%, Population (assume everyone is over 16 years of age, civilian, non-institutionalized in this economy) 150 million, Unemployment rate=5% Calculate the number of people Employed

What unemployment rate would most economists like to see? Group of answer choices 0% 1% 4 to 5% 7 to 8%

Suppose that the labor force in 2008 was 154.3 million and unemployment was 8.9 million. What was the unemployment rate in 2008?A 0.058%B 10.2%C 5.8%D 9.3%

In a country with a working-age population of 20 million, 13 million are employed, 1.5 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The labour force participation rate is       1)  75.5 percent.   2)  72.5 percent.   3)  65 percent.   4)  57.5 percent.   5)  14.5 percent.

This question focuses on the labor market and unemployment using the most recent U.S. data. The adult population (N) of the U.S. is approximately 259 million. The labor force is approximately 162.5 million and the number of employed workers (E) is approximately 156.5 million.   What is the unemployment rate? What is the labor force participation rate? Both are lower than 2010 U.S. values (u2010 = 9.6% and LFPR2010 = 64.9%) Give two plausible reasons why each labor market indicator is lower in 2018.