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A survey reveals that on a small island, initially 40 people have jobs, 10 people are looking for jobs, and 30 people are neither working nor looking for work. Suppose that 10 of the 30 people who weren't looking for work now begin looking for work. There are now 20 people looking for work and 40 people working. What happens to the unemployment rate?

A) It rises to 33.3%.
B) It rises to 50.0%.
C) It falls to 25.0%.
D) Nothing happens to the unemployment rate, because these people weren't working before and they aren't working now.

Respuesta :

temdan2001

Answer: 33.3%

Explanation:

Let U = unemployed and

E = employed

Unemployment rate = (number of unemployed ÷ labour forces) × 100

Labour force = U + E

Unemployment rate = (20÷60) ×100

= 33.3%

osondumartins

Answer:A) It rises to 33.3%.

Explanation: Unemployment is term that describes the total number of persons within an economic or Country who are willing to work but have not been able to secure a job. Unemployment is a macroeconomic measure which shows the Performance of an economy,the lower the unemployment rate,the better the economy is performing.

Mathematically, unemployed rate is equal to the (TOTAL NUMBER OF UNEMPLOYED ÷TOTAL POPULATION THAT ARE WILLING TO WORK)*100

=(20÷40)*100

= (1/3)*100

=33.3%.

THE CURRENT UNEMPLOYMENT RATE RISES TO 33.3% FOLLOWING THE ADDITIONAL TEN PERSONS.

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