What is the vacancy rate?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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QUESTION 3
Country A's labor market displays the following data:
Working age population: 10000
Labor Force: 7000
Unemployed: 1000
Vacancies: 800
What is the vacancy rate?
If your answer is - for example - 0.467, i.e. 46.7%, report 0.467 (3 decimals)
Transcribed Image Text:QUESTION 3 Country A's labor market displays the following data: Working age population: 10000 Labor Force: 7000 Unemployed: 1000 Vacancies: 800 What is the vacancy rate? If your answer is - for example - 0.467, i.e. 46.7%, report 0.467 (3 decimals)
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