ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
In October 2020 on Sandy Island, 20,000 were employed, , 1,000 were unemployed, and 3,000 were not in the labor force. Calculate the unemployment rate and the employment-population ratio. >>>Answer to 1 decimal place.
The unemployment rate is ___ percent.
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